Professional Documents
Culture Documents
Question
IMF came into existence in
Correct Answer
1945
Your Answer
1945
True/False
Question
Inspite of continuous & consistent decline in customs duty since 1991, there have
been no excessive increase in imports.
Correct Answer
True
Your Answer
True
True/False
Question
Current account deficit/surplus met by opposite movement from the capital account
helps to correct the disequilibrium in the foreign exchange market
Correct Answer
True
Your Answer
True
True/False
Question
The list of traded items included in the bag of custom duty reduction points out that
the concessions are tilted towards benefitting the foreign suppliers more than the
domestic producers.
Correct Answer
False
Your Answer
False
True/False
Question
In free trade area the member countries maintain the respective previous tariff rate
with the rest of the world
Correct Answer
True
Your Answer
True
True/False
Question
After passing the IRDA bill in 1999, Govt. decided to decentralize the GIC.from their
four subsidiaries and allowed these companies to run it independently.
Correct Answer
True
Your Answer
True
True/False
Question
ECM countries are a very important source both for imports & exports.
Correct Answer
True
Your Answer
True
True/False
Question
In wait-die scheme the older transaction waits for a younger one to release its data
item.
Correct Answer
True
Your Answer
True
True/False
Question
At the birth of the IMF, one ounce of gold was priced at $30.
Correct Answer
False
Your Answer
True