Foreign Trade & International Organizations UPSC Questions

Economics

Foreign Trade & International Organizations MCQ Questions


1.
Regarding the international monetary fund,which one of the following statements is correct ?
UPSC - 2011
A.
It can grant loans to any country
B.
 It can grant loans to only developed countries
C.
 It grants loans to only member countries
D.
It can grant loans to the central bank of a country
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ANSWER :
C.  It grants loans to only member countries
2.
Regarding "carbon credits",which one of the following statements is not correct?
UPSC - 2011
A.
The carbon credit system was ratified in conjunction with the Kyoto protocol
B.
Carbon credits are awarded to countries or groups that have reduced greenhouse gases below their emission quota.
C.
The goal of the carbon credit system is to limit the increase of carbon dioxide emission.
D.
Carbon credits are traded at a price fixed from time to time by the united nations environment programme
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ANSWER :
D. Carbon credits are traded at a price fixed from time to time by the united nations environment programme
3.
In terms of economy,the visit by foreign nationals to witness the XIX common wealth games in india in india amounted to
UPSC - 2011
A.
Export
B.
Import
C.
Production
D.
Consumption
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ANSWER :
A. Export
4.
Consider the following actions that the government can take:
1. Devaluing the domestic currency.
2. Reduction in the export subsidy.
3. Adopting suitable policies that attract greater FDI and more funds from FIIs.
Which of the above action/actions can help in reducing the current account deficit?
UPSC - 2011
A.
1 and 2 only
B.
2 and 3 only
C.
3 only
D.
1 and 3
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ANSWER :
D. 1 and 3
5.
Which one of the following groups of items is included in India's foreign-exchange reserves?
UPSC - 2013
A.
Foreign-currency assets, Special Drawing Rights(SDRs) and loans from foreign countries
B.
Foreign-currency assets, gold holdings of the RBI and SDRs
C.
Foreign-currency assets, loans from the World Bank and SDRs
D.
Foreign-currency assets, gold holdings of the RBI and loans from the World Bank
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ANSWER :
B. Foreign-currency assets, gold holdings of the RBI and SDRs
6.
Which of the following constitute Capital Accounts?
1. Foreign Loans
2. Foreign Direct Investment
3. Private Remittances
4. Portfolio Investment
Select the correct answer using the codes given below.
UPSC - 2013
A.
1, 2 and 3
B.
1, 2 and 4
C.
2, 3 and 4
D.
1, 3 and 4
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ANSWER :
B. 1, 2 and 4