Institutional Assistance of Business MCQ With Answers part 5
1.MSME is defined under which act?
A) MSME Act, 2004
B) MSMED Act, 2006
C) MSMED Act, 1999
D) MSME Act, 2001
2.Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) was set up by Government of India and which of the following bank?
A) RBI
B) NABARD
C) SIDBI
D) MUDRA
3 Trade between two countries can be useful if cost ratios of goods are:
A. Undetermined
B. Decreasing
C. Equal
D. Different
4.The term Euro Currency market refers to
A. The international foreign exchange market
B. The market where the borrowing and lending of currencies take place outside the country of issue
C. The countries which have adopted Euro as their currency
D. The market in which Euro is exchanged for other currencies
5.Dumping refers to:
A. Reducing tariffs
B. Sale of goods abroad at low a price, below their cost and price in home market
C. Buying goods at low prices abroad and selling at higher prices locally
D. Expensive goods selling for low prices
6.International trade and domestic trade differ because of:
A. Different government policies
B. Immobility of factors
C. Trade restrictions
D. All of the above
7. Govt. policy about exports and imports is called:
A. Commercial policy
B. Fiscal policy
C. Monetary policy
D. Finance policy
8. Market in which currencies buy and sell and their prices settle on is called the
A.International bond market
B.International capital market
C.Foreign exchange market
D. Eurocurrency market