Indias Foreign Trade – Exercise – 1

6. Which one of the following international institutions has offered the concessional loans and grants to the world’s poorest developing countries ?

(a)  IFC
(b)  IDA
(c)  IMF
(d)  WB

Answer
Answer : (b)
Explanation
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7. Which one of the following areas is the main aim of ASIDE scheme started by Indian government ?

(a) To facilitate the import in the country
(b) To encourage the export
(c) To facilitate the moments of expatriates
(d) None of the above

Answer
Answer : (b)
Explanation
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8. The term ‘paper Gold’ means :

(a)  Special Drawing Right (SDRs) of the IMF
(b)  Special accommodation facility of the World Bank
(c)  Currencies still on Gold standard
(d)  Deficit Financing

Answer
Answer : (a)
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9. Who among the following served as the chief Economist of the international monetary Fund ?

(a)  Ashok Lahiri
(b)  Sumantra Ghoshal
(c)  saumitra Chaudhuri
(d)  Raghuram Rajan

Answer
Answer : (d)
Explanation
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