Top 250+ Solved International Financial Management MCQ Questions Answer
Q. What is the Bill receivable account?
a. Personal Account
b. Machinery Account
c. Real Account
d. Nominal Account
Q. A bill of exchange includes.
a. An order to pay
b. A request to pay
c. A promise to pay
d. All the above
Q. Which bill is drawn and accepted in the same country?
a. Trade Bill
b. Foreign Bill
c. Inland Bill
d. Accommodation Bill
Q. What is the person known as who draws a bill of exchange
a. Drawer
b. Payee
c. Drawee
d. None of the above
Q. What are the three additional days known as that a drawer gives to the drawee forpayment
a. Conditional days
b. Additional days
c. Days of grace
d. Days of rebate
Q. When the drawee signs the bill, it is considered as
a. Accepted
b. Retired
c. Renewed
d. Endorsed
Q. What kind of acceptance is known as when the bill is accepted without any condition?
a. Qualified acceptance
b. Conditional acceptance
c. Blank acceptance
d. General acceptance
Q. When the bill is noted from the notary public, it is known as?
a. Noting
b. Discounting
c. Accepting
d. None of the above
Q. What is retiring a bill under rebate means?
a. Making a payment of the bill before the due date
b. Dishonoring of a bill
c. Making a payment of the bill after the due date
d. All of the above
Q. The most widely used monetary policy tool among these is.
a. Open market operations
b. Issuing of notes
c. Close market operations
d. Discount rate
Q. In balance of payments accounting, a credit entry for the home country is
a. an international transaction in which foreigners make payments to residents of the home country
b. one in which residents of the home country make payments for foreigners
c. one which results from an import of goods into the home country
d. one which results from an outflow of capital from the home country to a foreign country
Q. If the value of exports for a country is $35,500,000 and the value of imports is $35,000,000, the balance of trade can be described as
a. in surplus but unfavorable
b. showing a gain in real goods but in deficit
c. in deficit and favorable
d. in surplus, favorable and +$500,000
Q. All of the following statements are explanations of the reason for short-term capital transfers from Country X to Country Y EXCEPT
a. Political instability in Country X
b. Lower interest rates in Country X
c. Lower interest rates in Country Y
d. Country X has made it known that it is considering devaluation of its currency
Q. Multinational firms face exposure to many different types of international risk. Which of the following is not a type of exposure?
a. diversifiable risk
b. political risk
c. foreign economies
d. exchange rate movements