Which of these is not the function of IMF? (a) It provides mechanism for orderly adjustment of exchange rate (b) It provides mechanism for international consultation (c) It provides forum for settlement of international trade disputes (d) It is a reservoir of the currencies of all the member countries

Which of these is not the function of IMF? (a) It provides mechanism for orderly adjustment of exchange rate (b) It provides mechanism for international consultation (c) It provides forum for settlement of international trade disputes (d) It is a reservoir of the currencies of all the member countries
by

1 Answer

Answer :

(c) It provides forum for settlement of international trade disputes  
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Which of the following is not the function of World Trade Organization? (a) To settle border disputes of member countries. ; (b) To handle trade disputes. (c) To provide technical assistance and training to developing countries. (d) To provide forum for trade negotiation between the member countries.

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Last Answer : (a) To settle border disputes of member countries. ; (b) To handle trade disputes. 

Which of these is not the function of World Bank? (a) To arbitrate on international trade disputes. (b) To help the member countries in the reconstruction and development of their countries. (c) To encourage private foreign investment and credit by guaranteeing repayment. (d) To promote long term balanced growth of international trade.

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Last Answer : (a) To arbitrate on international trade disputes. 

The main objective of International Monetary Fund (IMF) was to A. Promote International trade B. Help economically backward countries C. Maintain stable exchange rates D. Promote international liquidity

Description : The main objective of International Monetary Fund (IMF) was to A. Promote International trade B. Help economically backward countries C. Maintain stable exchange rates D. Promote international liquidity

Last Answer : Help economically backward countries

Under the historic adjustable pegged exchange-rate system, member countries were permitted to correct persistent and sizable payment deficits (i.e., fundamental disequilibrium) by: A. Officially revaluing their currencies B. Officially devaluing their currencies C. Allowing their currencies to depreciate in the free market D. Allowing their currencies to appreciate in the free market

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Last Answer : B. Officially devaluing their currencies

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Last Answer : B. Officially devaluing their currencies

Rather than constructing their own currency baskets, many nations peg the value of their currencies to a currency basket defined by the International Monetary Fund. Which of the following illustrates this basket? A. IMF tranche B. Special Drawing Rights C. Primary reserve asset D. Swap facility

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Last Answer : B. Special Drawing Right

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Description : In what year did India become a member of International Monetary Fund ( IMF) ?

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____________ rate is the ratio for exchange of two currencies.

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Last Answer :  the forces of demand and supply in the foreign exchange market

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Description : Full convertibility of a rupeee means (1) purchase of foreign exchange for rupees freely (2) payment for imports in terms of ruppes (3) repayment of loans in terms of rupees (4) determination of rate of exchange between rupee and foreign currencies freely by the market forces of demand and supply

Last Answer : determination of rate of exchange between rupee and foreign currencies freely by the market forces of demand and supply

Which one of the following know as Consumer disputes redressal agency a) District forum b) State commission c) National commission d) All the above

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Last Answer : Does not trade with other countries

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Set rules implementing and governing an orderly exchange of data between layers of two devices, such as line control units and front – end processors.

Description : Set rules implementing and governing an orderly exchange of data between layers of two devices, such as line control units and front – end processors.

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Description : It was India that took the matter to the UN under Chapter _____ of the UN Charter dealing with Pacific Settlement of Disputes A. VI B. V C. VII D. III

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It was India that took the matter to the UN under Chapter _____ of the UN Charter dealing with Pacific Settlement of Disputes A. VI B. V C. VII D. III

Description : It was India that took the matter to the UN under Chapter _____ of the UN Charter dealing with Pacific Settlement of Disputes A. VI B. V C. VII D. III

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Description : In a competitive market ……………….. is the price taker (a) Firm ; (b) Industry ; (c) Consumer ; (d) Trade association

Last Answer : (a) Firm ; 

In a competitive market ………. is the price maker (a) Firm ; (b) Industry ; (c) Consumer ; (d) Trade association

Description : In a competitive market ………. is the price maker (a) Firm ; (b) Industry ; (c) Consumer ; (d) Trade association

Last Answer : (b) Industry ;

Balance of trade is (a) The difference between balance on current account and capital account (b) Same as the balance of merchandize trade ; (c) Same as the balance of current account (d) Overall BoP balance.

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