Top 250+ Solved International Finance MCQ Questions Answer

From 196 to 210 of 222

Q. ___________ was the first university implemented system for valuing currencies.

a. Gold Exchange

b. Gold Standard

c. Silver Coin

d. Bullions

  • b. Gold Standard

Q. BWS came into effect in July______________

a. 1939

b. 1945

c. 1944

d. 1970

  • c. 1944

Q. EURO is single currency of the European Monetary Union adopted on _______________

a. January 1,1999

b. January 1, 2000

c. January 1, 1997

d. January 1 1996

  • a. January 1,1999

Q. Foreign Investment are recorded in the _________ of balance of payments.

a. Current Account

b. Saving Account

c. Capital Account

d. Fixed Deposit Account

  • c. Capital Account

Q. Under gold standard system, countries gold reserves were required to be in custody of_________

a. Swiss Bank

b. Central Bank

c. Foreign Bank

d. Reserve Bank

  • b. Central Bank

Q. ________ is also known as price quotation.

a. Direct Quote

b. Indirect Quote

c. Spot Quote

d. Spread Quote

  • a. Direct Quote

Q. _________ is also known as price Quantity Quote.

a. Forward Quote

b. Indirect Quote

c. Spot Quote

d. Spread Quote

  • b. Indirect Quote

Q. _____ is todays quote.

a. Spot Quote

b. Forward Quote

c. Inter Bank Quote

d. Mid Quote

  • a. Spot Quote

Q. ___________ is also known as Bid office spread.

a. Direct Quote

b. Mid Quote

c. Spread Quote

d. Cross Currency Quote

  • c. Spread Quote

Q. ___________ is also known as reference rate.

a. Interbank Quote

b. Cross Currency Quote

c. Mid Quote

d. Bid and Ask Quote

  • c. Mid Quote

Q. Price of _________-- currency in terms of national currency.

a. Home

b. Foreign

c. National

d. Direct Rate

  • b. Foreign

Q. US Dollar serves as a _________ Currency.

a. Vehicle

b. Foreign

c. National

d. Forex Market

  • a. Vehicle
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