The value of SDR tends to be more stable than that of any single currency in the "Standard basket valuation" because
| A. | It is internationally accepted measure |
| B. | It is a weighted average of the exchange rates of the five major currencies. |
| C. | Both (A) and (B) |
| D. | It is an imaginary currency. |
|
Option: B Explanation : Click on Discuss to view users comments. |
| A. | David Ricardo |
| B. | Bertil-Ohlin |
| C. | J. S. Mill |
| D. | C.P. Kindleberges |
|
Option: B Explanation : Click on Discuss to view users comments. |
Balance of Payment can be made favourable if
| A. | Exports are increased |
| B. | Imports are increased |
| C. | Devaluation of money |
| D. | (A) and (C). |
|
Option: D Explanation : Click on Discuss to view users comments. |
| A. | Supplementary Financing Facility (SFF) |
| B. |
Compensatory and Contingency Financing Facility (CCFF)
|
| C. | Extended Fund Facility (EFF) |
| D. | Bufferstock Financing Facility (BFF) |
|
Option: A Explanation : Click on Discuss to view users comments. |
