Classical

June 2015 - Paper 3

46:  

Counter-trade means :

A.

A sort of bilateral trade where one set of goods is exchanged for another set of goods and a seller provides a buyer with deliveries.

B.

A company takes full responsibility for making its goods available in the target market by selling directly to the end-users.

C.

The companies in two separate sovereigns agree to exchange one set of goods for another set of goods.

D.

A set of multilateral trade where one of goods and services may be exchanged for another set of goods and services among the trading partners.

 
 

Option: A

Explanation :


47:  

The floating rate system is characterized by :

A.

the market forces that determine the exchange rate between two currencies.

B.

the central banking authorities of the two countries mutually agree upon the rate.

C.

help realigning the par value of major currencies.

D.

the rate of exchange mutually agreed upon between IMF and its member nations.

 
 

Option: A

Explanation :


48:  

A practice of selling a commodity in a foreign market at a price lower than the domestic price; and even at equal to the cost of production to capture foreign market is known as :

A.

Gouging

B.

Forging

C.

Dumping

D.

Forfeiting

 
 

Option: C

Explanation :


49:  

The highest percentage of export from India went to which of the following regions in 2013-14 ?

A.

OECD countries

B.

USA

C.

SAARC

D.

Latin America

 
 

Option: A

Explanation :


50:  

Match the items of List - I with the items of List - II and select a correct code :

List – I

List – II

(a) SEBI

(i) Exchange for small companies

(b) RBI

(ii) Secondary market in treasury bills

(c) STCI

(iii) Regulation of secondary market

(d) OTCEI

(iv) Ad-hoc treasury bills

Codes:

 

 

A.

(iv) (ii) (iii) (i)

B.

(iii) (iv) (ii) (i)

C.

(iii) (i) (ii) (iv)

D.

(ii) (iii) (i) (iv)

 
 

Option: B

Explanation :




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