Description : )A currency having a falling exchange rate due to continuing balance of payments deficit is called a- (1) Soft currency (2) Hard currency (3) Scarce currency (4) Surplus currency
Last Answer : (1) Soft currency Explanation: Soft currency is a currency with a value that fluctuates as a result of the country's political or economic uncertainty which may be due to balance of payments ... set unrealistically high exchange rates, pegging their currencies to a currency such as the U.S. dollar
Description : The balance of payments of a country is in equilibrium when the - (1) demand as well as supply of the domestic currency are the highest (2) demand for the domestic currency is equal to its supply (3) demand for the domestic currency is the highest (4) demand for the domestic currency is the lowest
Last Answer : (2) demand for the domestic currency is equal to its supply Explanation: When the balance of payments (BOP) of a country is in equilibrium, the surplus or deficit is eliminated from the ... currency is equal to its supply. The demand and supply situation is thus neither favourable nor unfavourable.
Description : Under a pegged exchange-rate system, which does not explain why a country would have a balance-of payments deficit? A. Very high rates of inflation occur domestically B. Foreigners ... . Technological advance is superior abroad D. The domestic currency is undervalued relative to other currencies
Last Answer : The domestic currency is undervalued relative to other currencies
Description : Devaluation of currency can correct a Balance of Payments deficit because___ A. It lowers price of exports in foreign currency and rises price of imports in home currency B. It raises price of ... and imports in foreign currency D. It lowers price of exports and imports in home currency
Last Answer : A. It lowers price of exports in foreign currency and rises price of imports in home currency
Description : The balance of payments of a country is in equilibrium when the (1) demand as well as supply of the domestic currency are the highest (2) demand for the domestic currency is equal to its supply (3) demand for the domestic currency is the highest (4) demand for the domestic currency is the lowest
Last Answer : demand for the domestic currency is equal to its supply
Description : A currency having a falling exchange rate due to continuing balance of payments deficit is called a (1) Soft currency (2) Hard currency (3) Scarce currency (4) Surplus currency
Last Answer : Soft currency
Description : The International Monetary Fund is important because: A. It has sufficient financial resources to deal with a major global financial crisis. B. It has sufficient financial resources to help individual ... C. Emerging economies can exercise significant influence on it. D. It fixes exchange rates.
Last Answer : It has sufficient financial resources to help individual countries facing balance of payments problems
Description : Who is the first Indian to take a hat trick in an international test? -Do You Know?
Last Answer : answer:
Description : C) MyGov Explanation: The cabinet on June 1, 2016, gave its nod to setting up of the IPPB under the Department of Posts. The Department of Post wants to connect with and involve the people of ... all Indian citizens, institutions, agencies and entities for a period of one month, until July 9, 2016.
Last Answer : To provide loans to Indo-Spanish joint ventures and local enterprises in India, State Bank of India (SBI) has signed a memorandum of agreement with Spain‟s which bank to enhance business synergies? A) Caja Madrid B) CaixaBank C) Liberbank D) Gallego bank E) None of these
Description : Reliance Industries (RIL) has signed agreement with which of the following to set up payments bank? A) Canara Bank B) State Bank of India C) Yes Bank D) Axis Bank E) Indian Overseas Bank
Last Answer : B) State Bank of India Explanation: Telecom-to-energy conglomerate Reliance Industries (RIL) and India s largest lender State Bank of India (SBI) have signed Subscription and Shareholders Agreement to ... in the payments bank and SBI as joint venture will have 30 per cent equity contribution.
Description : What is the highest denomination of currency notes in circulation as legal tender in India at present? -Do You Know?
Description : Which bank prints currency notes of the denomination of Rs. 100? -Do You Know?
Description : When was the decimal system of currency introduced in India? -Do You Know?
Description : A person returning from abroad can retain foreign currency up to what period? -Do You Know?
Description : Who sings on One-rupee currency notes? -Do You Know?
Description : Which Mahatma Gandhi series of currency notes issued by the RBI has “ecology” depicted on it ? -Do You Know?
Last Answer : Mahatma Gandhi series of Rs. 100 notes has picture of Indian Himalayan mountain ranges on its reverse which is of ecological and environmental significance.
Description : In International Banking terms,”Appreciation” of Rupee means ________ A. Excess of exports over imports B. Purchasing power of rupee has come down C. Availability of less foreign currency vis-a-vis rupee D. Excess of imports over exports E. Availability of more foreign currency vis-a-vis rupee
Last Answer : C. Availability of less foreign currency vis-a-vis rupee Explanation: Currency Appreciation refers to increase in the value of domestic currency in terms of foreign currency. The domestic currency becomes more valuable and less of it is required to buy the foreign currency.
Description : Which of the following is NOT a business opportunity generated by globalization? A. Access to low cost labour. B. Cheap International transport. C. Currency crises. D. Less stringent regulation of the business environment.
Last Answer : Cheap International transport.
Last Answer : Currency crises.
Description : The “three C’s” of international commerce are: A. customers B. commitment C. currency D. cultural sensitivity E. A, B, and D
Last Answer : C. currency
Description : 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 ... . IMF tranche B. Special Drawing Rights C. Primary reserve asset D. Swap facility
Last Answer : B. Special Drawing Right
Description : Amnesty International is an organisation associated with which field? -Do You Know?
Description : Where is the headquarters of Amnesty International? -Do You Know?
Description : When is International women’s Day recognized by the UN observed? -Do You Know?
Description : How many country are represented in International Monetary Fund (IMF)? -Do You Know?
Description : Which was the 1st non Test playing country to befit India in an international match? -Do You Know?
Description : What is the total number of judges of the International Court of Justice (ICJ)? -Do You Know?
Description : Sergei Bubkha,an athlete of international repute, belongs to which country? -Do You Know?
Description : How many members are there in the International Finance Corporation? -Do You Know?
Last Answer : IN INTERNATIONAL FINANCE CORPORATION THERE ARE 185 MEMBERS.
Description : When is International Youth Day, recognized by the UN observed? -Do You Know?
Last Answer : On 12th August, the International Youth Day is celebrated
Description : The United Nations declared 2014 as the International Year of which thing? -Do You Know?
Last Answer : On 20 December 2007 the International Year of Astronomy 2009 was proclaimed by the United Nations 62nd General Assembly. The UN has designated the United Nations Educational, Scientific and Cultural Organization (UNESCO) as the lead agency for the IYA2009.
Description : The year 1995 is the golden Jubilee year of which international organisations? -Do You Know?
Description : The International Court of Justice was established in which year? -Do You Know?
Description : Which year is celebrated as International Year of Quinoa? -Do You Know?
Description : The year 1995 is the golden Jubilee year of which international organizations? -Do You Know?
Description : Where is the headquarters of the International Telecommunications Union? -Do You Know?
Description : The headquarters of the International Red Cross is situated in which city? -Do You Know?
Description : Who has scored the most runs in a one day International Cricket innings? -Do You Know?
Description : The United Nations declared 2013 as which International Year? -Do You Know?
Last Answer : The United Nations (UN) declared 2013 as the International Year of Water Cooperation (IYWC) and the International Year of the Quinoa (IYQ).
Description : Where is the The International Court of Justice located? -Do You Know?
Description : When is International Day of Democracy, recognized by the UN observed? -Do You Know?
Description : What is the number of basic units in the International System of Units? -Do You Know?
Description : Where is the headquarter of the International Court of Justice? -Do You Know?