economy Interview Questions and Answers
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
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
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
Ques:- The Economic and Social Commission for Asia and Pacific (ESCAP) is located at
A. Kuala Lumpur
B. Singapore
C. Manila
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
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)
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
Ques:- The International Bank for Reconstruction and Development is located at
A. Geneva
B. New York
C. London
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
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
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
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.
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
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
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
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