Top 250+ Solved International Financial Management MCQ Questions Answer
Q. Over time, international trade (exports plus imports) as a percentage of GDP has:
a. increased for most major countries.
b. decreased for most major countries.
c. stayed about constant for most major countries.
d. increased for about half the major countries and decreased for the others.
Q. Major functions of 'IMF' are
a. Oversea's arrangements of fixed exchange rate
b. providing short term capital
c. providing leadership on health matters
d. both a and b
Q. International Monetary Fund is classified as
a. intergovernmental organization
b. international organization
c. interregional organization
d. One state organization
Q. International Monetary Fund formal existence came into being in
a. 12 May, 1945
b. 27 July, 1945
c. 27 December, 1945
d. 27 September, 1945
Q. International Monetary Fund is headquartered in
a. Washington, United States
b. New York City, United States
c. Geneva, Switzerland
d. Avenue Du Mont Blanc, Switzerland
Q. How does the IMF meet its primary objective?
a. By promoting free international trade
b. By overseeing the balance of payments, acting as a forum of world negotiation and regulating world exchange rates
c. By acting as an arbitrator for the dispute settlement of world trade matters
d. By aligning its primary objective with the monetary objectives of national governments
Q. A eurocurrency is:
a. a bank deposit held in a country that does not issue that currency in which the deposit is denominated.
b. the currency of European Economic and Monetary Union - called the 'euro' for short.
c. a bank deposit in a non-European currency held in Europe.
d. a bank deposit in a European currency held outside of Europe. the currency of the European Union.
Q. The eurocurrency market did not develop until the late 1950s because:
a. the countries of the Soviet bloc did not earn dollars in foreign trade until 1958.
b. European currencies were only convertible for non-residents before 1958.
c. the major European economies had not recovered sufficiently from the effects of World War II.
d. US banks were not permitted to open branches outside the USA until 1958.