economy – Just Crack Interview

Ques:- The Darrakesh Declaration adopted at the meeting of GATT was a result of when of the following

A. Paris Conclave

B. Uruguay Round

C. Geneva Agreement

D. Rome Declaration

Recent Answer : Added by Admin On 2022-09-30 16:19:04:

B. Uruguay Round

Ques:- The European Commission has approved the entry of ten countries into the European Union by 2004. Membership of which of the following countries has not been approved?

A. Slovenia

B. Hungary

C. Poland

D. Turkey

Recent Answer : Added by Admin On 2022-09-30 16:27:18:

D. Turkey

Ques:- Which of the following types of borrowings from the IMF has the Softest servicing conditions

A. SAF

B. ESAF

C. Second Trancha Loan

D. Oil facility

Recent Answer : Added by Admin On 2022-09-30 16:32:04:

B. ESAF

Ques:- The developing countries have only a minor share of the world trade because

A. they face fierce competition from trade grouping like the EEC.

B. they produce mainly primary goods whose prices are low.

C. their economics are not trade oriented.

D. they lack the necessary infrastructure.

Recent Answer : Added by Admin On 2022-09-30 18:48:31:

C. their economics are not trade oriented.

Ques:- World Bank is a body

A. of major banks operating in different countries

B. that gives aid to developing countries

C. that controls world wide foreign exchange operations

D. of non official generous individuals

Recent Answer : Added by Admin On 2022-09-30 16:22:28:

B. that gives aid to developing countries

Ques:- The main watch dog of international trade is

A. IMF

B. IFC

C. World Bank

D. W.T.O.

Recent Answer : Added by Admin On 2022-09-30 16:28:07:

D. W.T.O

Ques:- From the view of International economy, Third World implies

A. the developed countries

B. block led by U.S.A., U.K. etc

C. the developing countries

D. None of these

Recent Answer : Added by Admin On 2022-10-01 15:24:43:

C. the developing countries

Ques:- The Economic and Social Commission for Asia and Pacific (ESCAP) is located at

A. Kuala Lumpur

B. Singapore

C. Manila

D. Bangkok

Recent Answer : Added by Admin On 2022-09-30 16:20:22:

D. Bangkok

Ques:- Which of the following statements is true about Asian Development Bank?

A. It is a Commercial Bank

B. It gives loans only for housing projects

C. It is a subsidiary of World Bank

D. It was sponsored by UN

Recent Answer : Added by Admin On 2022-09-30 18:47:22:

D. It was sponsored by UN

Ques:- World Trade Organisation is the new name of

A. World Bank

B. Rome

C. GATT

D. IMF

Recent Answer : Added by Admin On 2022-09-30 16:30:13:

C. GATT

Ques:- The headquarters is IMF is situated in

A. England

B. Washington

C. Tokyo

D. New York

Recent Answer : Added by Admin On 2022-09-30 16:20:55:

B. Washington

Ques:- Which of the following deals with economic offences?

A. MISA

B. NSA

C. COFEPOSA

D. TADA

Recent Answer : Added by Admin On 2022-09-30 16:23:07:

C. COFEPOSA

Ques:- The World Investment Report (WIR) is published by which of the following bodies?

A. General Agreement on Tariffs and Trade (GATT)

B. International Monetary Fund (IMF)

C. United Nations Conference on Trade and Development (UNCTAD)

D. Organisation for Economic Cooperation and Development (OECD)

Recent Answer : Added by Admin On 2022-09-30 16:29:06:

C. United Nations Conference on Trade and Development (UNCTAD)

Ques:- The World Trade Organisation (WTO) is set up to take over functions of which of the following?

A. ECA

B. GATT

C. IMF

D. IUOTO

Recent Answer : Added by Admin On 2022-09-30 16:24:19:

B. GATT

Ques:- The International Bank for Reconstruction and Development is located at

A. Geneva

B. New York

C. London

D. Washington

Recent Answer : Added by Admin On 2022-09-30 18:50:41:

D. Washington

Ques:- A common currency for the members of the Common Market in Europe is known as

A. Franc

B. Pound

C. Dollar

D. Eurodollar

Recent Answer : Added by Admin On 2022-09-30 18:49:56:

D. Eurodollar

Ques:- GATT is an international organization helping in

A. Trading with socialist countries

B. Trading with communist countries

C. Trading between developing countries

D. None of these

Recent Answer : Added by Admin On 2022-10-01 15:26:04:

D. None of these

Ques:- Which of the following organizations has rated India as the sixth largest economy in the world?

A. Asian Development Bank

B. International monetary fund

C. European Development Bank

D. World Bank

Recent Answer : Added by Admin On 2022-09-30 18:58:36:

B. International monetary fund

Ques:- Voting rights in the International Monetary Fund (IMF) are distributed on the basis of

A. proportion to quota allocated to countries from time to time.

B. proportion to contributions given by each country

C. proportion to the share of the income of the country in the world income

D. one country, one vote

Recent Answer : Added by Admin On 2022-09-30 18:52:41:

A. proportion to quota allocated to countries from time to time.

Ques:- The soft loan affiliate of the World Bank is

A. International Bank for Reconstruction and Development

B. International Development Association

C. International Monetary Fund

D. Asian Development Bank

Recent Answer : Added by Admin On 2022-09-30 16:53:36:

B. International Development Association

Ques:- The main function of I.M.F. is to

A. help to solve balance of payment problems of member countries

B. arrange international deposits from banks

C. act as a private sector lending arm of the World Bank

D. finance investment loans to developing countries

Recent Answer : Added by Admin On 2022-10-01 15:27:32:

A. help to solve balance of payment problems of member countries

Ques:- Compensatory and Contingency Financing Facility is a fund for helping member countries and is maintained by

A. Asian Development Bank

B. International Monetary Fund

C. The World Bank

D. The European Community

Recent Answer : Added by Admin On 2022-09-30 18:54:45:

B. International Monetary Fund

Ques:- The four Pacific Tiger Economies are

A. Indonesia, The Phillippines, North Korea and Japan

B. Singapore, Taiwan, Hong Kong and South Korea

C. China, Japan, Hong Kong and Singapore

D. Japan, Indonesia, Singapore and Hong Kong

Recent Answer : Added by Admin On 2022-09-30 18:56:03:

B. Singapore, Taiwan, Hong Kong and South Korea

Ques:- Seasonal unemployment refers to

A. Agriculture

B. Banks

C. Private sector

D. Public sector

Recent Answer : Added by Admin On 2022-09-30 17:01:03:

A. Agriculture

Ques:- Which of the following is the largest (in terms of profit) Public Sector Organisation in India?

A. Indian Oil Corporation

B. Oil and Natural Gas Commission

C. Bharat Petroleum

D. Bharat Heavy Electricals

Recent Answer : Added by Admin On 2022-09-30 17:01:49:

A. Indian Oil Corporation

Ques:- The Industrial Policy statement of 1973 gave many concessions to the

A. Public Sector Units

B. Private Sector Units and Multinationals

C. Small scale industries

D. Joint Sector Units

Recent Answer : Added by Admin On 2022-09-30 19:02:24:

D. Joint Sector Units

Ques:- The Industries Development and Regulation Act was passed in the year

A. 1948

B. 1950

C. 1952

D. 1954

Recent Answer : Added by Admin On 2022-09-30 16:59:59:

1951

Ques:- Which of the following is at the apex of Industrial Finance in India?

A. Industrial Credit and Investment Corporation of India

B. Industrial Development Bank of India

C. Reserve Bank of India

D. Industrial Finance Corporation

Recent Answer : Added by Admin On 2022-09-30 16:58:54:

B. Industrial Development Bank of India

Ques:- Who among the following is the President of FICCI?

A. A.C.Muthiah

B. S.Ramadorai

C. Sangita Reddy

D. J.J. Irani

Recent Answer : Added by Admin On 2022-10-01 16:42:21:

A. A.C.Muthiah

Ques:- Industrial Policy Resolution was first adopted in

A. 1948

B. 1949

C. 1950

D. 1951

Recent Answer : Added by Admin On 2022-10-01 16:39:15:

A. 1948