Top 80+ Solved Foreign Exchange Management MCQ Questions Answer
Q. Guarantee provided by MIGA to private investors covers risk of
a. transfer restriction
b. expropriation
c. breach of contract
d. all the above
Q. The activities of ADB include
a. project financing
b. guaranteeing loans
c. both a and b
d. risk management products
Q. A ‘credit’ in balance of payments indicates
a. Accumulation of bank balances abroad
b. Foreign direct investment received into the country
c. Earning of foreign exchange by the country
d. Earning of foreign exchange or incurring of liability abroad or decrease in asset abroad
Q. The current account of balance of payments does not include
a. Trade in goods
b. Trade in services
c. Income on investments
d. None of the above
Q. . A country has a negative balance of trade. It means the balance of payments oncurrent account
a. Should also be negative
b. Should be positive
c. May be positive or negative
d. Should be same as balance of trade
Q. The present share of India’s trade in the world trade is
a. less than 1 per cent.
b. 1.2 per cent.
c. 1.5 per cent.
d. 1.8 per cent.
Q. The apex body of the Foreign Trade is:
a. The Central Government.
b. The State Government.
c. The Ministry of Commerce.
d. All the above.
Q. What does CCIE stand for?
a. Chief Controller of Imports and Exports.
b. Central Cottage Industries Exports.
c. Control on Cotton Imports and Exports.
d. Commissioner of Central Imports and Exports.
Q. The total value of the products and services marketed by a nation is called:
a. Gross Domestic Product.
b. Gross National Product.
c. National Income
d. Per capita income.