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26. India suffered from deficit balance both in trade and balance and not invisibles, hence took up a number of Steps to manage the problem. Which one is not appropriate for this?
Export control
Current Account Convertibility
Liberalised Export Policy
Unified Exchange Rate
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27. Which of the following is true about the Board of Governors of IMF?
They meet once a year
They may vote by mail at other times except the annual meeting
Both (A) and (B)
They are elected annually
28. Which one of the following is true statement
A balance of trade deals with export and import of invisible items only.
A balance of payment deals with both visible and invisible items.
The current account is not a component of balance of payment.
All of the above
29. In India --- has a predominant share in the debt market.
Government Securities
Corporate Deposits
Corporate Equity
Global Depository Receipts
30. Which of the following is the criteria for approving an IDA credit?
Poverty test
Performance test
Project test
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