Top 150+ Solved Indian and Global Economic Development MCQ Questions Answer
Q. The investment by government to create socio-economic infrastructure is
a. Induced investment
b. Autonomous investment
c. Incremental COR
d. None of the above
Q. Inclusive governance includes
a. Allowing NBFCs to do banking
b. Increase government spending on health
c. Strengthening mid-day meals scheme
d. All the above
Q. Which one of the following is NOT one of the dimensions to the HumanDevelopment Index?
a. Health
b. Education
c. Living standards
d. Political freedom
Q. Which one of the following is NOT one of the indicators for the HumanDevelopment Index dimensions?
a. Life expectancy at birth
b. Gross domestic product per capita
c. Mean years of schooling
d. Expected years of schooling
Q. Which of the following resulted from the Great Depression?
a. Increased trade barriers and devalued currencies.
b. A stable exchange rate system.
c. Free international capital flows.
d. None of the options given is correct.
Q. What is the main role of the IMF?
a. To ensure a stable exchange rate regime and provide emergency assistance to countries facing crises in balance of payments.
b. To be a forum for trade and liberalization.
c. To assist countries in development.
d. To facilitate private investment around the worl
Q. 21.Economic globalization is characterized by —
a. cross-cultural flows of ideas
b. rise of regionalism
c. international migration
d. international trade and investment flows
Q. Ethnocentric orientation is a predisposition towards —
a. the global economy
b. geographically proximate regions
c. the home country
d. regionalism
Q. Business entities engaged in international business activity are commonlyknown as —
a. State-trading corporations
b. EOUs
c. TNCs
d. NGOs
Q. International orientation refers to —
a. a gradual process of internationalization
b. an attitude or strategic predisposition of a TNC towards internationalization
c. a firm’s modes of entry into international business
d. the stage theory of internationalization
Q. ____ is a systematic record of all the economic transaction between one countryand rest of the would:
a. Balance of Trade
b. Balance of Transaction
c. Budget
d. Balance of payments
Q. As per IMF balance of payment manual, import export of goods should bepresented on:
a. FOB basis
b. FOR basis
c. CIF basis
d. All of these
Q. OECD stands for:
a. Organization for export co-operation & development
b. Organization for economic commission & development
c. Organization for export commission & development
d. Organization for economic co-operation & development
Q. India has witnessed a surplus for the third successive year in which account of thebalance of payment?
a. Trade account of BOP
b. Current account of BOP
c. Both (a) and (b)
d. None of these