December 2015 - Paper 3

61:   Presently in India, rupee convertability in foreign exchange is __________
A.

Restricted

B.

Partial

C.

Full

D.

None of the above

 
 

Option: B

Explanation :

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62:  

A country can improve its balance of payment through contribution both to current account and capital account by way of __________

A.

Export promotion

B.

Foreign Direct Investment

C.

Import of Capital

D.

Export of Capital

 
 

Option: B

Explanation :

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63:  

"_________is a statement showing a Country's Commercial Transaction with the rest of the world. It shows inflow and outflow of foreign exchange. It is divided into current and capital accounts. The former records the transaction in goods and services."

A.

Foreign Direct Investment

B.

Balance of Payment

C.

Movement of Foreign Exchange

D.

International Commitments

 
 

Option: B

Explanation :

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64:  

The activity of making profit through buying a Currency cheap in one market and selling it  clear in the other market at a particular point of time is known as ___________

A.

Forward currency

B.

Currency arbitrage

C.

Speculation of currency

D.

Depreciated currency

 
 

Option: B

Explanation :

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65:  
Match the items of List - I with List - II with regards to the causes of sickness in small scale industry.
 
management
A.

(i) (ii) (iii)

B.

(i) (iii) (ii)

C.

(ii) (i) (iii)

D.

(iii) (i) (ii)

 
 

Option: D

Explanation :

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