December 2015 - Paper 3

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3. December 2015
4. Paper 3

66:   Examine the following statements and choose the correct answer :

Statement - I: FIIs do not invest in unlisted securities. They participate only through Stock
Exchanges.

Statement - II : FIIs cannot invest at the time of initial allotment.

A.	Both the statements are wrong
B.	Both the statements are correct
C.	Statement- I is correct but the statement-II is wrong
D.	Statement-I is wrong but the statement-II is correct
	Answer Report Discuss
	Option: A Explanation : Click on Discuss to view users comments. Write your comments here: Updating your Comments.. Updating your Comments..

67:   Which one of the following is not a member country in the Association of South-East Asian
Nations (ASEAN) ?

A.	Singapore
B.	Malaysia
C.	Thailand
D.	Vietnam
	Answer Report Discuss
	Option: D Explanation : Click on Discuss to view users comments. Write your comments here: Updating your Comments.. Updating your Comments..

68:   Match the items of List - I with the items of List - II and select the correct answer with the
codes given below:
List - I List - II

(a) SAARC (i) Philippines

(b) ASEAN (ii) Canada

(e) EU (iii) Afghanistan

(d) NAFTA (iv) Hungary

A.	(ii) (iv) (i) (iii)
B.	(iv) (ii) (i) (iii)
C.	(iii) (i) (iv) (ii)
D.	(iii) (iv) (ii) (i)
	Answer Report Discuss
	Option: C Explanation : Click on Discuss to view users comments. Write your comments here: Updating your Comments.. Updating your Comments..

69:   Which among the following are criticisms given against World Trade Organization (WTO) ?

(a) It is not a democratic and transparent institution.

(b) It has domination of international trade by rich countries for the benefit of their
individual interests.

(c) It encourages a 'race to the bottom' in wages by pitting workers against each other
rather than promoting internationally recognized labor standards.

(d) It is seeking to privatize essential public services.

A.	(b), (c) and (d)
B.	(a), (b) and (c)
C.	(a), (b) and (d)
D.	(a), (b), (c) and (d)
	Answer Report Discuss
	Option: D Explanation : Click on Discuss to view users comments. Write your comments here: Updating your Comments.. Updating your Comments.. rather than promoting internationally recognized labor standards. (d) It is seeking to privatize essential public services.'>

70:   Domestic Currency tends to depreciate owing to :

A.	Constant inflation rate
B.	Lowering of inflation rate
C.	High inflation rate
D.	All of the above
	Answer Report Discuss
	Option: C Explanation : Click on Discuss to view users comments. Write your comments here: Updating your Comments.. Updating your Comments..

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