In respect of international business, a project is called a turnkey project because:
A. | The licensee agrees to construct an entire plant in his home county and hands over the key. |
B. | The licensor starts the operation and hands over the key of the operating plant to the licensee. |
C. | The licensor starts the operation and then invites the licensee and hands over the key to complete the remaining work. |
D. | The licensor and the licensee jointly carry out the project and agree; to share profit equally. |
Option: B Explanation : Click on Discuss to view users comments. |
Match the items in List-I with the items in List-II:
List-I |
List-II |
(a) Bretton woods conference |
(i) WTO |
(b) Soft loan window |
(ii) World Bank |
(c) Geneva |
(iii) IFC |
(d) Loan to private sector |
(iv) IDA |
Codes:
A. | (a) (b) (c) (d) (i) (iii) (ii) (iv) |
B. | (a) (b) (c) (d) (iv) (iii) (ii) (i) |
C. | (a) (b) (c) (d) (ii) (iv) (i) (iii) |
D. | (a) (b) (c) (d) (iv) (ii) (iii) (i) |
Option: C Explanation : Click on Discuss to view users comments. |
Assertion (A): The member nations, consistently finding balance of payments crisis, may approach the World Bank seeking financial accommodation to mitigate the crisis.
Reasoning (R): The member nations facing balance of payments crisis can approach the IMF seeking redressal of the BOP crisis.
Codes:
A. | (A) is correct and (R) is correct explanation of (A). |
B. | (A) is correct but (R) is wrong. |
C. | (R) is correct and (A) is wrong. |
D. | Both (A) and (R) are wrong. |
Option: C Explanation : Click on Discuss to view users comments. |
In computation of balance of payments, overall balance of payments =
A. | Balance of current account + Balance of capital account + Statistical discrepancy |
B. | Export of goods and invisibles - Import of goods |
C. | Foreign exchange inflow - Foreign exchange outflow |
D. | Export of goods and invisibles + Import of goods and invisibles |
Option: A Explanation : Click on Discuss to view users comments. |