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  • International Finance MCQ With Answers PDF

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    Mijanur Rahman
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    This document contains 27 multiple choice questions about international finance topics like balance of payments, foreign exchange rates, foreign trade regulation in India, and the role of the Reserve Bank of India in managing foreign exchange. Key terms defined include foreign direct investment, special drawing rights, and trade barriers. Globalization is discussed in the context of increasing the complexity and demands of financial management functions for businesses operating internationally.

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    This document contains 27 multiple choice questions about international finance topics like balance of payments, foreign exchange rates, foreign trade regulation in India, and the role of the Reserve Bank of India in managing foreign exchange. Key terms defined include foreign direct investment, special drawing rights, and trade barriers. Globalization is discussed in the context of increasing the complexity and demands of financial management functions for businesses operating internationally.

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    2K views5 pages

    International Finance MCQ With Answers PDF

    Uploaded by

    Mijanur Rahman
    This document contains 27 multiple choice questions about international finance topics like balance of payments, foreign exchange rates, foreign trade regulation in India, and the role of the Reserve Bank of India in managing foreign exchange. Key terms defined include foreign direct investment, special drawing rights, and trade barriers. Globalization is discussed in the context of increasing the complexity and demands of financial management functions for businesses operating internationally.

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    © All Rights Reserved
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    International Finance MCQ With Answers


    1. India is facing continuous deficit in its balance of payments in the foreign exchange market rupee is
    expected to _______
    A. Appreciate
    B. Depreciate
    C. Show no specific tendency
    D. All of the above
    Answer: Depreciate
    2. _____ is not a characteristic of speculation.
    A. Hedging
    B. Risk taking
    C. Profit motive
    D. Exchange rate fluctuation
    Answer: Hedging
    3. The responsibility for administration of of FEMA is vested with ________
    A. Central government
    B. State government
    C. RBI
    D. National banks
    Answer: RBI
    4. A source of supply of foreign exchange is ________
    A. Imports
    B. Exports
    C. Donations
    D. Gifts
    Answer: Exports
    5. The foreign direct investment includes __________
    A. tangible good
    B. intangible good
    C. intellectual property
    D. human resources
    Answer: tangible good
    6. The three disputes of FDI are over _______
    A. hobby
    B. interest

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    C. regard
    D. concern
    Answer: interest
    7. More expansion of foreign direct investment can boost _______
    A. demand
    B. money circulation
    C. employment
    D. unemployment
    Answer: employment
    8. Who determines foreign exchange rates in India?
    A. RBI
    B. FEDAI
    C. market forces of demand and supply
    D. finance ministry of India
    Answer: market forces of demand and supply
    9. Who regulates the foreign trade in India?
    A. SEBI
    B. FEDAI
    C. RBI
    D. DGFT
    Answer: SEBI
    10. The statutory authority which administers the exchange control in India _____
    A. RBI
    B. ministry of commerce
    C. DGFT
    D. FEDAI
    Answer: RBI
    11. The main objective of international financial Management is to arrange sufficient funds for meeting the
    _____________ goals of an organisation.
    A. short term
    B. long term
    C. medium term
    D. all of the above
    Answer: all of the above
    12. Which Indian industries have been hit by globalization?
    A. Jute

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    B. toy making
    C. information technology
    D. cement
    Answer: toy making
    13. When did government remove the barrier for investment in India?
    A. 1193
    B. 1992
    C. 1991
    D. 1990
    Answer: 1991
    14. Foreign income received in India during the previous year is taxable in the case of ________
    A. Non resident
    B. resident
    C. not ordinarily resident
    D. all of the above
    Answer: all of the above
    15. CCIL stands for __________
    A. The clearance code of India
    B. The clearing corporation of India
    C. The clearing committee of India
    D. The clearing consignment of India
    Answer: The clearing corporation of India
    16. ______ refers to converting illegal on money into legitimate money.
    A. money laundering
    B. tax evasion
    C. black money
    D. demonetization
    Answer: money laundering
    17. If portable device made in India are imported into the United States, the Indian manufacturer is paid with
    _______
    A. euros
    B. dollars
    C. international monetary credits
    D. rupees
    Answer: rupees
    18. Which of the following is known as the paper gold?

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    A. Bitcoin
    B. US dollar
    C. demand draft
    D. special drawing right
    Answer: special drawing right
    19. Tax on imports can be treated as _______
    A. foreign trade
    B. collateral trade
    C. trade barriers
    D. terms of trade
    Answer: trade barriers
    20. IMS is the full form of _________
    A. International monetary source
    B. International monetary system
    C. International monetary structure
    D. International monetary society
    Answer: International monetary system
    21. ____offers the exporter the greatest level of safety.
    A. Cash in advance
    B. Letter of credit
    C. Wire transfer
    D. UPI
    Answer: Letter of credit
    22. The globalization of business activities have _________ the complexity as well as the importance of the
    financial managers’ duties.
    A. Increased
    B. Decreased
    C. Ignored
    D. Vanished
    Answer: Increased
    23. Due to globalization, the financial management function has become _________.
    A. Less demanding and complex
    B. More demanding and complex
    C. Less important and complex
    D. Outdated and complex
    Answer: More demanding

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    24. International finance mainly discusses the issues related with monetary interactions of at least__________.
    A. one country
    B. two or more countries
    C. five countries
    D. None of the above
    Answer: two or more countries
    25. International finance is concerned with__________
    A. exchange rates of currencies
    B. monetary systems of the world
    C. foreign direct investment
    D. all of the above
    Answer: all of the above
    26. ________ maintains the foreign exchange reserves in India?
    A. State Bank of India
    B. Reserve Bank of India
    C. Finance Ministry of India
    D. EXIM India
    Answer: Reserve Bank of India
    27. India’s foreign exchange rate system is _______
    A. Fixed target of band
    B. Free float
    C. Fixed system
    D. Managed float
    Answer: Managed float

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