Top 250+ Solved International Finance MCQ Questions Answer
Q. Current account includes all of the following except _______________-
a. Merchandise Balance
b. Service Balance
c. FDI
d. Unilateral Transfers
Q. Reserves are held in following forms, except __________________
a. Foreign Currency
b. Gold
c. SDR
d. Silver
Q. Statistical residue is a part of ____________________
a. Errors and Omissions
b. Current Account
c. Capital Account
d. Reserve Account
Q. Difference between the value of merchandise exports and imports is____________________
a. BOP
b. BOT
c. Capital Account
d. Official Reserve Account
Q. Sale or purchase of gold in BOP is covered under _____________________
a. Capital Account
b. Current Account
c. Official Reserve Account
d. Balancing Items
Q. SDR is an international reserve asset created by_____________________
a. IMF
b. WTO
c. World Bank
d. IBRD
Q. FDI in Bop is covered under ________________
a. Capital Account
b. Current Account
c. Official Reserve Account
d. Balancing items
Q. FDI Stands for _____________
a. Foreign Direct Intermediation
b. Foreign Domestic Investment
c. Foreign Direct Investment
d. Foreign direct Investment
Q. G -10 Countries included all of the following, except ____________
a. Belgium
b. Canada
c. France
d. China
Q. Under _______ monetary unit is associated with the value of circulating gold coins.
a. Gold Specie
b. Gold Exchange
c. Gold Bullion
d. Silver
Q. Under ____________ there is no interference of monetary authorities to decideexchange rate.
a. Fixed
b. Floating
c. Both of these
d. Fixing
Q. In Smithsonian Agreement, the variation zone was increased from 1% to____________ %’
a. 2.25
b. 2.5
c. 2.15
d. 2.35
Q. In ____________ president Nixon announced that dollar would no longer beconvertible into gold.
a. 1944
b. 1945
c. 1970
d. 1971
Q. During BWS, value of USD was fixed at 1-ounce gold is equal toUSD______________
a. 25
b. 30
c. 45
d. 35