Top 80+ Solved International Business Environment MCQ Questions Answer
Q. The main focus of IBRD and IDA is on ___________:
a. Developed Countries
b. Developing Countries
c. Both of The Above
d. None of The Above
Q. The president is selected by the board of executive directors for a ____year, renewable term:
a. 5 Year
b. 3 Year
c. 4 Year
d. None of The Above
Q. Which of the following does not form part of current account under balance of payments?
a. Export and import of goods
b. Export and import of services
c. Income receipts and payments
d. Capital receipts and payments
Q. Which of the following pairs is not correctly matched with regard to balance of payment accounts?
a. Import of goods and services – Debit in the current account
b. Receipts of transfer payments – Credit in the current account
c. Direct investment receipt – Credit in the capital account
d. Portfolio investment payments – Debit in the current account
Q. A country is said to be in debt trap if
a. It has to abide by the conditionality imposed by the International Monetary Fund
b. It is required to borrow money to make interest payments on outstanding loans
c. It has been refused loans or aid by creditors
d. The World Bank charges a very high rate of interest on outstanding as well as new loans
Q. Balance in capital account refer to the
a. Nation’s net exports of goods and services
b. Nation’s net exports of financial claims
c. Nation’s net exports of international official reserve assets
d. Nation’s sum of net exports of goods, services and financial claims
Q. Which of the following statement is not true about the WTO?
a. . WTO is a permanent organisation
b. . Uruguay round gave the birth to the WTO
c. .Ministerial Conference is the highest policy making body of the WTO
d. .WTO was officially constituted on 1 January 1991.
Q. Which of the following is not the objective of the WTO?
a. . To improve the standard of living of peoples of the member countries
b. . To enlarge production and trade of goods
c. . To protect environment
d. . To improve the Balance of Payment situation of the member countries
Q. Which of the following body is not related to the WTO?
a. . Dispute Settlement Body
b. .Trade Policy Review Body
c. . Council of trade in goods
d. . Exchange Rate Management Body
Q. Which of the followings are called Brettonwoods Twins?
a. IMF & International Bank for Reconstruction and Development (IBRD)
b. IMF & World Trade Organisation
c. IBRD & World Trade Organisation
d. None of the above
Q. Which of the following institution is associated with Dunkel Proposals?
a. World Bank
b. International Monetary Fund
c. World Trade Organization
d. United Nations Organization
Q. As per Indian GAAP Financial statements are prepared at :
a. Market value
b. Fair value
c. Cost
d. All of the above