General Awareness / Foreign Trade

If the value of rupee declines rapidly with comparison to dollar, then the price of Indian goods will?
  1. Indian goods will grew cheaper for foreigners to import our product.
  2. Indian goods will grew costlier for foreigners to export their product.
  3. Indian goods would remain at the same price
  4. All of these
  5. None of the above
In which of the following account is borrowings from the World Bank be recorded in the balance of payments?
  1. Capital account
  2. Visible Goods
  3. Current accounts
  4. Revenue accounts
  5. Saving accounts
In whichof the following is, the visible items recorded for a country?
  1. Capital account
  2. The balance of trade
  3. Foreign Exchange
  4. Reserve Bank of India
  5. None of the above
Which of the following is the full from of IMF?
  1. International Monetary Finance
  2. International Money federation
  3. International Money Fund
  4. International Monetary Function committee
  5. None of the above
Which of the following is the full from of FDI?
  1. Foreign direct investment
  2. Fixed deposit interest
  3. Foreign development investment
  4. 2 and 3
  5. None of the above
If balance of payments of country is in deficit, then:
  1. Current account will be in deficit
  2. export shall increase
  3. The country can borrow from abroad
  4. 1 and 3 both
  5. None of the above
Foreign exchange reserves of a country will increase,if?
  1. Increase taxes by the government.
  2. Export increase but import remain unchanged
  3. Import increases but export remain unchanged
  4. 1 and 2 both.
  5. None of the above
All type of borrowings from outside the country is mentioned in……..
  1. Trade account
  2. Capital account
  3. Current accounts
  4. Monetary account
  5. None of the above
IMF gives loans.
  1. To fill gap in balance of payments
  2. To fill gap in government budget
  3. To decrease poverty
  4. To increase opportunities
  5. all of these
A bank accounts held in foreign country by a domestic bank denominated in the currency of that country is called:
  1. Loro account
  2. Nostro account
  3. Vostro account
  4. Foreign currency convertible account
  5. Non-resident ordinary account