Economy interview questions

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

1. Paris Conclave
2. Uruguay Round
3. Geneva Agreement
4. Rome Declaration

World Bank is a body

1. of major banks operating in different countries
2. that gives aid to developing countries
3. that controls world wide foreign exchange operations
4. of non official generous individuals

The main watch dog of international trade is

1. IMF
2. IFC
3. World Bank
4. W.T.O.

From the view of International economy, Third World implies

1. the developed countries
2. block led by U.S.A., U.K. etc
3. the developing countries
4. None of these

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

1. Kuala Lumpur
2. Singapore
3. Manila
4. Bangkok

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

1. It is a Commercial Bank
2. It gives loans only for housing projects
3. It is a subsidiary of World Bank
4. It was sponsored by UN

World Trade Organisation is the new name of

1. World Bank
2. Rome
3. GATT
4. IMF

The headquarters is IMF is situated in

1. England
2. Washington
3. Tokyo
4. New York

Which of the following deals with economic offences?

1. MISA
2. NSA
3. COFEPOSA
4. TADA

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

1. General Agreement on Tariffs and Trade (GATT)
2. International Monetary Fund (IMF)
3. United Nations Conference on Trade and Development (UNCTAD)
4. Organisation for Economic Cooperation and Development (OECD)

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

1. ECA
2. GATT
3. IMF
4. IUOTO

The International Bank for Reconstruction and Development is located at

1. Geneva
2. New York
3. London
4. Washington

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

1. Franc
2. Pound
3. Dollar
4. Eurodollar

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?

1. Slovenia
2. Hungary
3. Poland
4. Turkey

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

1. SAF
2. ESAF
3. Second Trancha Loan
4. Oil facility

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

1. they face fierce competition from trade grouping like the EEC.
2. they produce mainly primary goods whose prices are low.
3. their economics are not trade oriented.
4. they lack the necessary infrastructure.

The main function of I.M.F. is to

1. help to solve balance of payment problems of member countries
2. arrange international deposits from banks
3. act as a private sector lending arm of the World Bank
4. finance investment loans to developing countries

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

1. Asian Development Bank
2. International Monetary Fund
3. The World Bank
4. The European Community

The four Pacific Tiger Economies are

1. Indonesia, The Phillippines, North Korea and Japan
2. Singapore, Taiwan, Hong Kong and South Korea
3. China, Japan, Hong Kong and Singapore
4. Japan, Indonesia, Singapore and Hong Kong

GATT is an international organization helping in

1. Trading with socialist countries
2. Trading with communist countries
3. Trading between developing countries
4. None of these

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

1. Asian Development Bank
2. International monetary fund
3. European Development Bank
4. World Bank

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

1. proportion to quota allocated to countries from time to time.
2. proportion to contributions given by each country
3. proportion to the share of the income of the country in the world income
4. one country, one vote

The soft loan affiliate of the World Bank is

1. International Bank for Reconstruction and Development
2. International Development Association
3. International Monetary Fund
4. Asian Development Bank

Seasonal unemployment refers to

1. Agriculture
2. Banks
3. Private sector
4. Public sector

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

1. Indian Oil Corporation
2. Oil and Natural Gas Commission
3. Bharat Petroleum
4. Bharat Heavy Electricals

The Industrial Policy statement of 1973 gave many concessions to the

1. Public Sector Units
2. Private Sector Units and Multinationals
3. Small scale industries
4. Joint Sector Units

The Industries Development and Regulation Act was passed in the year

1. 1948
2. 1950
3. 1952
4. 1954

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

1. Industrial Credit and Investment Corporation of India
2. Industrial Development Bank of India
3. Reserve Bank of India
4. Industrial Finance Corporation

The Asian Development Bank has its headquarters in

1. Tokyo
2. Kuala Lumpur
3. Manila
4. Colombo

The Headquarters of World Bank are in

1. Washington D.C
2. New York
3. Paris
4. Geneva