International Business MCQ - International Business Section 4

16 In the balance of the payment, balancing of debit and credit entries is a

A
Equation
B
Identity
C
Axion
D
Model

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Correct AnswerOption D

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17 Which one of the following statements is correct?

A
EXIM Bank promotes Indian exports through a wise variety and range of lending programs
B
EXIM Bank does not extend a non-funded facility to Indian exporters.
C
The overseas investment finance facility is not a part of the functions of EXIM Bank
D
EXIM Bank was established to provide assistance in raising capital in international markets.

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Correct AnswerOption A

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18 Balance of capital account is

A
Stock concept
B
Flow concept
C
Change in stock concept
D
None of the above

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Correct AnswerOption C

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19 EXIM Bank can be described as a

A
Non-banking financial company
B
Commercial bank
C
Non-banking non financial company
D
Schedule bank

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Correct AnswerOption A

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20 In the balance of payment, unrequired receipts are entered as

A
Debit entry
B
Credit entry
C
Separate entry
D
None of the above

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Correct AnswerOption B

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