Economy - Questions and Answers, General Study (GK)

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221.

Which of the following countries is not a member of ASEAN?

(a)Brunei Darussalam

(b)Cambodia

(c)Vietnam

(d)India

Comment

Answer is: D

222.

Which of the following is not a member of the Organisation of the Petroleum Exporting Countries (OPEC)?

(a)Algeria

(b)Brazil

(c)Ecuador

(d)Nigeria

Comment

Answer is: B

223.

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

Comment

Answer is: D

224.

BOP ( Balance of Payment) refers to

(a)Transactions in the flew of capital

(b)Transactions relating to receipts and payment of invisible

(c)Transactions relating only to exports and imports

(d)Systematic record of all its economic transaction with the rest of the world

Comment

Answer is: D

225.

Which one of the following institutions publish the report of 'World Economic Outlook'?

(a)IMF

(b)World bank

(c)RB

(d)UNCTAD

Comment

Answer is: A

226.

Which one of the following institutions publish the report of 'World Investment Report'?

(a)World Bank

(b)IMF

(c)UNCTAD

(d)WTO

Comment

Answer is: C

227.

IMF has raised the quota and voting Share of India, in which place India has been placed among 184 members of the organisation?

(a)10th

(b)11th

(d)13th

Comment

Answer is: B

228.

What is a blue chip company?

(a)Fast growing hi-technology company

(b)Semi conductor chip making company

(c)Highly valuable company

(d)Big companies in their maturity stage

Comment

Answer is: C

229.

Which one of the following factors is taken account to calculate the Balance of Payment (BOP) of a country?

(a)Current Account

(b)Changes in the Foreign Reserves Exchange

(c)Errors and Omissions

(d)All of the above

Comment

Answer is: D

230.

Which one of the following is the component of lndia's Foreign Exchange Reserve?

(a)Special drawing rights

(b)Reserve tranche position of India in IMF

(c)Indian currency held by foreign countries

(d)Both 'a'and 'b'

Comment

Answer is: D

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Economy - Questions and AnswersPage 23

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