December 2015 - Paper 2

46:  

Examine the following statements and choose the correct code:

Statement - (I) : Companies with Low cash reserves normally prefer Licensing mode rather than Foreign Direct Investment.

Statement - (II) : Cash rich firms normally prefer Foreign Direct Investment.

A.

Both (I) and (II) are correct

B.

Both (I) and (II) are wrong

C.

(I) is correct but (II) is wrong

D.

(I) is not correct but (II) is correct

 
 

Option: A

Explanation :

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47:   Which one of the following is not a feature of Business Process Outsourcing (BPO)?
A.

It enables executives to concentrate on strategy

B.

It improves process an d saves money

C.

It decreases organizational capabilities

D.

None of the above

 
 

Option: C

Explanation :

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48:   The major outcome of the Bretton Woods Conference was:
A.

Establishment of lMF and IFC

B.

Establishment of IBRD and IFC

C.

Establishment of IBRD and ADS

D.

Establishment of IMF and IBRD

 
 

Option: D

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49:   Which one of the following is an important activity of the World Bank borrowings?
A.

It borrows in the in ternational capital market

B.

It borrows on currency on swap agreements

C.

It borrows under the d iscount net programme

D.

All of the above

 
 

Option: D

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50:   Which one of the following statements is false?
A.

IFC was established in July 1956

B.
IFe encourages the growth and development of Public Sector Enterprises in member countries
C.

IFC is an affiliate of the World Bank

D.

IFC encourages the growth of productive priva te enterprises in member countries

 
 

Option: B

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