International Finance and Treasury – Set 14 January 29, 2025 by aasi 0% Report a question What’s wrong with this question? You cannot submit an empty report. Please add some details. 1234567891011121314151617181920212223242526272829303132333435363738394041424344454647484950 International Finance and Treasury – Set 14 Dear ! This is International Finance and Treasury – Set 14 Quiz and it contains 50 questions. Keep Learning! 1 / 50 1) The capital account of balance of payments represents Balances the central bank of the country maintains with IMF Balances held by commercial banks of the country with their central bank Investment made by the country s resident abroad, but not vice versa None of these 2 / 50 2) The tenure of the Foreign Trade policy is 3 years 5 years 1 year 7 years 3 / 50 3) The apex body of the Foreign Trade is The Central Government The State Government The Ministry of Commerce All of these 4 / 50 4) The forward market is especially well-suited to offer hedging protection against. translation risk exposure transactions risk exposure political risk exposure taxation 5 / 50 5) The exports made by an exporter or manufacturer on behalf of another exporters are called Registered Exporter Manufacturer Exporter Merchant Exporter Third Party Exporter 6 / 50 6) The penalty for the contravention of foreign trade rules is decided by. The Appellate authority The Adjudicating authority The Competing authority The Regional Licensing Authority 7 / 50 7) The role if IMF does not include monitoring the proper conduct of the international monetary system lending to socially oriented projects financing temporary balance of payments deficits of member countries providing source of liquidity to member countries 8 / 50 8) The major players in the foreign exchange market are. commercial banks corporates exchange brokers central bank of the country and the Central Government 9 / 50 9) The abbreviations SDR stands for Special Drawing Rights Specific Drawing Rights Special Depository Rules Specific Depository Rules 10 / 50 10) What does CCIE stand for? Chief Controller of Imports and Exports Central Cottage Industries Exports Control on Cotton Imports and Exports Commissioner of Central Imports and Exports 11 / 50 11) Financial products of IFC does not include loans equity participation risk management products none of these 12 / 50 12) The total value of the products and services marketed by a nation is called. Gross Domestic Product Gross National Product National Income Per capita income 13 / 50 13) The Imports and Exports (Control. Act was passed in the year: 1955 1947 1977 1996 14 / 50 14) The apex body of the Export Promotion organizations is: EPC Commodity Boards FIEO IIFT 15 / 50 15) The term World Bank refers to IBRD IDA Both IBRD and IDA IFC 16 / 50 16) A debit in balance of payments does not indicate Import of goods and services Foreign tourists enchasing travellers’ cheque in the country Investments made abroad Export of goods and services 17 / 50 17) Export control refers to restrictions on. domestic firms from engaging in exports items that can be exported from the country from firms exporting to the country quantitative restrictions 18 / 50 18) The components of Balance of Payment includes. Current and Capital Account Current account and official reserves Capital Account and Official reserves Current account, capital account and official reserves 19 / 50 19) The legal settlement of international trade disputes is. Negotiation Arbitration Litigation Conciliation 20 / 50 20) Money received for purchase of shares in Indian company by a foreign investor will be treated as foreign direct investment if The investment is in equity shares The shares are allotted directly to him by the company The investor has an intention to take active role in the management of the company The shares are acquired other than through stock exchange 21 / 50 21) The euro is the name for a currency deposited outside its country of origin a bond sold internationally outside of the country in whose currency the bond is denominated a common European currency foreign currencies deposited in home country 22 / 50 22) The common types of Intellectual property include. Copyrights and trademarks Patents and industrial design rights Trade Secrets All of these 23 / 50 23) The area where the goods are permitted to be imported and re-exported without any processing in the same form is called Export Processing Zone Free Trade Zone Special Economic Zone Agri Export Zone 24 / 50 24) What is the role of IMF It controls the budgets of national government It acts as a forum for international economics It Observes world exchange rates, balance of payments and multilateral payments It seeks to promote free international trade 25 / 50 25) What is the IMF’s primary objective? The overall promotion of world trade The fixation of the value of world currencies The promotion of free trade The promotion of its policies in certain countries around the world 26 / 50 26) MIGA stands for Multilateral Investment Guarantee Agency Multilateral Institutional and Government Agencies Mutual Interest Guaranteeing Agencies Mutual Institutional and Government Agencies 27 / 50 27) A depository receipt is a non-negotiable instrument represents shares issued in local currency is issued by custodian is issued for safe custody of article 28 / 50 28) Derivatives can be used by an exporter for managing. currency risk cargo risk credit risk business risk 29 / 50 29) The period of time permitted for the fulfillment of the export obligation under EPCG is 5 years 8 years 7 years 10 years 30 / 50 30) Reverse Engineering method of Technology Transfer is also called as: FDI Strategic Alliance Licensing Capital Goods trade 31 / 50 31) The eligibility to borrow from IDA is based on relative poverty lack of creditworthiness to borrow on market terms good policy performance all of these 32 / 50 32) A country has a negative balance of trade it means the balance of payments on current account Should also be negative Should be positive May be positive or negative Should be same as balance of trade 33 / 50 33) The current account of balance of payments includes Unilateral payments Portfolio investments Short term borrowings Long term borrowings 34 / 50 34) The insurance policy that covers exporters against commercial and political risk is. General insurance ECGC Marine insurance Fire insurance 35 / 50 35) Which exchange commenced trading in currency in 1982 Philadelphia Mexican peso Bimsetallism Smithsonian 36 / 50 36) A credit in balance of payments indicates Accumulation of bank balances abroad Foreign direct investment received into the country Earning of foreign exchange by the country Earning of foreign exchange or incurring of liability abroad or decrease in asset abroad 37 / 50 37) The operating risk in the host country does not include the risk of. change in the government policies exchange control price control sanctions 38 / 50 38) Bill of Lading is issued by the: captain of the vessel shipping company customs authorities consignor 39 / 50 39) Derivatives are so called because they are subsidiary products in the market they are derived from combination of different assets their value is dependent on the value of some other fundamental variable they are traded on derivative exchanges 40 / 50 40) The certificate issued for the registration under Export Promotion Council is called. Registration Cum Membership Certificate Permanent Account Number Importer Exporter Code ITC number 41 / 50 41) Country A imports gold worth USD 100 million for commercial purposes. The transaction will affect Current account only Capital account only Official reserves account only Both current account and capital account 42 / 50 42) The activities of ADB include project financing guaranteeing loans both a and b risk management products 43 / 50 43) ADR/GDR can be issued only by listed companies by listed or unlisted companies only by companies listed on BSE none of these 44 / 50 44) How many chapters are there in The Foreign Trade (Development and Regulation Act, 1992? 5 4 6 7 45 / 50 45) Foreign Exchange Regulation Act was replaced with The Foreign Exchange Management Act in the year. 1973 1994 1999 1995 46 / 50 46) The threshold limit for the handloom industry as per the recent EXIM policy is: 500 crores 350 crores 250 crores 100 crores 47 / 50 47) IMF augments its resources by borrowing under General arrangements to borrow New arrangements to borrow Trust funds All of these 48 / 50 48) What basis the exchange rates are determined supply Demand Demand and supply Forex 49 / 50 49) The EXIM policy 2002-2007 coincides with the: 7th Five year plan 8th Five year plan 9th Five year plan 10th Five year plan 50 / 50 50) The current account of balance of payments does not include Trade in goods Trade in services Income on investments None of these Your score isThe average score is 0%🎉 Challenge alert! 💡 Share this quiz with your friends and see who scores the highest! 🏆🤩🔥 LinkedIn Facebook Follow Us @ 0% Restart quiz Exit We’d love to hear your thoughts! 📝 Share your valuable review with us. 🙌 🌟 Thank you for your support! 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