Classical

Advanced Questions - Section 3

31:  

Which of the following is not available in India?

A.

Index Options

B.

Index Futures

C.

Commodity Options

D.

Commodity Futures

 
 

Option: C

Explanation :


32:  

Mr. X has to pay $5,00,000 in three months time for the imports made by him. Correct hedging policy for him would be to

A.

Buy a $ Call Option

B.

Sell a $ Call Option

C.

Buy a $ Put Option

D.

Sell a $ Put Option

 
 

Option: A

Explanation :


33:  

The amount in unpaid dividend accounts of companies shall be transferred to the

A.

Dividend Equalisation Reserve of the company

B.

Investor Education and Protection fund

C.

Investor Protection Fund

D.

General Revenue Account of the Central Government

 
 

Option: B

Explanation :


34:  

Which trade policy results in the government levying both a specific tariff and an ad-valorem tariff on imported goods

A.

Compound tariff

B.

Nominal tariff

C.

Effective tariff

D.

Revenue tariff

 
 

Option: A

Explanation :


35:  

The effect of the most-favored-nation (normal trade relations) clause is to

A.

eliminate all tariffs between countries

B.

increase all tariff rates between countries

C.

maintain a nondiscriminatory structure of tariffs

D.

maintain a discriminatory structure of tariffs

 
 

Option: C

Explanation :




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