Institutional Assistance of Business MCQ With Answers Part 6
1. The following statement with respect to currency option is wrong
A.Foreign currency- Rupee option is available in India
B.An American option can be executed on any day during its currency
C.Put option gives the buyer the right to sell the foreign currency
D.Call option will be used by exporters
2.Which of the following is international trade:
A. Trade between countries
B. Trade between regions
C. Trade between provinces
D. Both (b) and (c)
3.Foreign Exchange and Foreign currencies in India are governed by
a. RBI
b. Banking Regulation Act
c. FEMA Act
d. SEBI Act
4.Which Indian industries have been hit by globalization?
a. Cement
b. Jute
c. Toy making
d. Information Technology
5.Globalisation has improved in the living structure of
a. All the people
b. Workers in developing countries
c. People in developed countries
d. None of the above.
6.Typically, the last step in the internationalization process is:
a. Licensing
b. Exporting
c. Wholly owned subsidiaries
d. Foreign Direct Investment
7.Regionalism is:
a) a protectionist policy created to exclude third world countries from certain forms of international
trade.
b) the grouping of countries into regional clusters based on geographic proximity.
c) an international management orientation and a protectionist policy created to exclude third
world countries from certain forms of international trade.
d) an international management orientation.
8. Amalgamation and rapid unification between countries can be identified as
a. Globalisation
b. Liberalisation
c. Socialisation
d. Privatisation
9. Transportation cost of trade affects:
a) pattern of trade
b) boundaries between tradable and non-tradable goods
c) Global supply chains
d) all of the above
10.International Trade is most likely to generate short-term unemployment in:
a) Industries in which there are neither imports nor exports
b) Import-competing industries
c) Industries that sell to domestic and foreign buyers.
d) Industries that sell to only foreign buyers
11.Which of the following trade policies limits specified quantity of goods to be imported at one tariff rate?
a) Quota
b) Import tariff
c) Specific tariff
d) All of the above
12.What are the four factor endowments?
a) National resources, labor, physical capital and human capital
b) Types of technology
c) Material inputs used up in the process of production
d) International differences in climate