Counter-trade means :
A. | A sort of bilateral trade where one set of goods is exchanged for another set of goods and a seller provides a buyer with deliveries. |
B. | A company takes full responsibility for making its goods available in the target market by selling directly to the end-users. |
C. | The companies in two separate sovereigns agree to exchange one set of goods for another set of goods. |
D. | A set of multilateral trade where one of goods and services may be exchanged for another set of goods and services among the trading partners. |
Option: A Explanation : Click on Discuss to view users comments. |
The floating rate system is characterized by :
A. | the market forces that determine the exchange rate between two currencies. |
B. | the central banking authorities of the two countries mutually agree upon the rate. |
C. | help realigning the par value of major currencies. |
D. | the rate of exchange mutually agreed upon between IMF and its member nations. |
Option: A Explanation : Click on Discuss to view users comments. |
A practice of selling a commodity in a foreign market at a price lower than the domestic price; and even at equal to the cost of production to capture foreign market is known as :
A. | Gouging |
B. | Forging |
C. | Dumping |
D. | Forfeiting |
Option: C Explanation : Click on Discuss to view users comments. |
The highest percentage of export from India went to which of the following regions in 2013-14 ?
A. | OECD countries |
B. | USA |
C. | SAARC |
D. | Latin America |
Option: A Explanation : Click on Discuss to view users comments. |
Match the items of List - I with the items of List - II and select a correct code :
List – I |
List – II |
(a) SEBI |
(i) Exchange for small companies |
(b) RBI |
(ii) Secondary market in treasury bills |
(c) STCI |
(iii) Regulation of secondary market |
(d) OTCEI |
(iv) Ad-hoc treasury bills |
Codes: |
|
A. | (iv) (ii) (iii) (i) |
B. | (iii) (iv) (ii) (i) |
C. | (iii) (i) (ii) (iv) |
D. | (ii) (iii) (i) (iv) |
Option: B Explanation : Click on Discuss to view users comments. |