Top 250+ Solved Business Economics MCQ Questions Answer
Q. Who is most recently appointed the Ambassador & Permanent Represantative of india to WTO?
a. JS Deepak
b. TS Deepak
c. Anwar Hussain Shai
d. Brajendra Navnit
Q. Which of the institutions is not a part of the world bank community?
a. IFC
b. IDA
c. WTO
d. IBRD
Q. Which of the following categories of agricultural subsidies are allowed under WTO?
a. Green box
b. Blue box
c. Red box
d. Amber box
Q. The declaration recognised that the TRIPs agreement should protect public health.
a. Brazil
b. Doha
c. Bandung
d. Singapore
Q. _ refers to the rate at which the transaction take place at a future date.
a. Forward exchange rate
b. Arbitrage
c. Spot exchange rate
d. Hedging
Q. _ refers to the process of buying and selling a foreign currency in two different market at same time.
a. Arbitrage
b. Speculation
c. Spot exchange rate
d. Hedging
Q. Transactions in the foreign exchange market are carried out are termed as _.
a. fixed rate
b. forward rate
c. exchange rate
d. Hedging
Q. Demand for foreign exchange varies _ with the exchange rates.
a. Direct
b. Negative
c. inversely
d. positive
Q. When supply of foreign exchange is increased given the demand for foreign exchange, the rate of exchange _.
a. decrease
b. increases
c. Direct
d. upward
Q. When demand for foreign exchange increases, the exchange rate _.
a. increases
b. inversely
c. decrease
d. unrelated
Q. The relative version is considered to be _ to absolute version.
a. superior
b. Gustav Cassel
c. selection of index numbers
d. inferior
Q. The relative version of the PPP theory is propounded by _.
a. Cassel
b. Adam Smith
c. J.S.Mill
d. Alfred Marshall
Q. According to _ theory, the exchange rate between two currencies is determined by their purchasing power.
a. Purchasing Power Parity
b. Balance of payment theory
c. Mint parity theory
d. Comparative advantage theory
Q. The -----------is the largest market in the world.
a. foreign exchange market
b. NSE
c. BSE
d. NASDAQ