Business Environment And International Business - Study Mode

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[#456] Match the following. List-I (IMF Facilities) List-II (Features) a. Stand by arrangements 1. Overcoming BoP difficulties b. Extended fund facility 2. To provide short-term BoP assistance for deficit of a temporary and cyclical nature c. Poverty, reduction and growth facility 3. It is aimed at preventing the spread of crisis d. Contingent credit lines facility 4. To support programmes to strength substantially and in suitable manner BoP positions

(A) a-4, b-3, c-1, d-2

(B) a-3, b-2, c-4, d-1

(C) a-2, b-1, c-4, d-3

(D) a-3, b-1, c-4, d-2

Correct Answer

(C) a-2, b-1, c-4, d-3

[#457] The World Bank provides long-term loans for various development projects of . . . . . . . . duration.

(A) 5-20 years

(B) 10-30 years

(C) 3-15 years

(D) None of these

Correct Answer

(A) 5-20 years

[#458] Consider the following statements. Assertion (A): TRIPS requires an understanding about the scope of the new patent regime. Reason (R): Patent protection will be extended to microorganisms, non-biological and microbiological processes and plant varieties.

(A) (A) and (R) are not related with each other

(B) (R) is related with (A)

(C) (A) is independent of (R)

(D) While (R) is related with TRIMS, (A) is related with TRIPS

Correct Answer

(A) (A) and (R) are not related with each other

[#459] Additional risk that have to be taken care of, while trading across nations are

(A) exchange risk

(B) country risk

(C) Both A and B

(D) Neither A nor B

Correct Answer

(D) Neither A nor B

[#460] The comparative cost theory of international trade was developed by

(A) David Ricardo

(B) Haberler

(C) Adam Smith

(D) Alfred Marshall

Correct Answer

(A) David Ricardo