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International Finance MCQ With Answers PDF
International Finance MCQ With Answers PDF
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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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