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This set of International Finance Multiple Choice Questions & Answers (MCQs) focuses on International Finance Set 4
Q1 | FDI Stands for _____________
- Foreign Direct Intermediation
- Foreign Domestic Investment
- Foreign Direct Investment
- Foreign direct Investment
Q2 | Bretton woods is a town in _________________ in US
- Boston
- Seattle
- Hampshire
- Denver
Q3 | G -10 Countries included all of the following, except ____________
- Belgium
- Canada
- France
- China
Q4 | Under _______ monetary unit is associated with the value of circulating gold coins.
- Gold Specie
- Gold Exchange
- Gold Bullion
- Silver
Q5 | Under ____________ there is no interference of monetary authorities to decideexchange rate.
- Fixed
- Floating
- Both of these
- Fixing
Q6 | In Smithsonian Agreement, the variation zone was increased from 1% to____________ %’
- 2.25
- 2.5
- 2.15
- 2.35
Q7 | In ____________ president Nixon announced that dollar would no longer beconvertible into gold.
- 1944
- 1945
- 1970
- 1971
Q8 | During BWS, value of USD was fixed at 1-ounce gold is equal toUSD______________
- 25
- 30
- 45
- 35
Q9 | Euro is official currency of _____ member states.
- 25
- 28
- 19
- 18
Q10 | In Spot market, exchange of currencies take place on ___________
- T +1
- T+2
- T+0
- T+4
Q11 | An account which is held within a domestic country by a foreign bank, in the currency of domestic country _________________
- Loro
- Nostro
- Vostro
- SWIFT
Q12 | SBI Account with HSBC in Uk is an example of ___________
- Loro
- Nostro
- Vostro
- SWIFT
Q13 | Spot rate is also called as ________________
- Future Price
- Forward Price
- Swap Price
- Current Market Price
Q14 | Inverse quote for “1GBP = 99.1100/9900 INR is INR GBP____________
- 0.0101/0.0100
- 0.0100/0.0105
- 0.0105/0.0100
- 0.0100/0.0101
Q15 | If USD SGD 1.5423/33; SGD GBP 0.3323/33; GBP USD quotation is__________________
- 1.9512/444
- 1.9441/512
- 1.9444/512
- 1.9512/441
Q16 | Inverse quote for USD / DKK 5.7935 – 5.8085 is _________________
- DKK /USD 0.1722-0.1726
- USD / DKK 0.1722-0.1726
- DKK / USD 0.1726-0.1722
- USD / DKK 0.1726-0.1722
Q17 | Holgate principle, if bid > Ask, Swap points for forward rate are to be_________
- Added
- Subtracted
- Multiplied
- Divided
Q18 | _________ is the smallest unit by which a currency quotation can change.
- PIP
- Bid
- Ask
- Spread
Q19 | _________ deal in currencies to benefit from movements in currency exchangemarkets.
- Arbitrageurs
- Hedgers
- Speculators
- Spread
Q20 | Currently the largest foreign exchange market in the world is ____________-.
- New York
- Tokyo
- Frankfurt
- London
Q21 | __________ is real time gross settlement funds transfer system operated by the Unitedstates Federal reserve banks.
- Swift
- Chips
- Chaps
- Fedwire
Q22 | Spot used INR 60- and six-months forward is USD INR 61.AFM is ____________
- 3.33%
- 1.13%
- 2.33%
- 4.33%
Q23 | SWIFT stands for ____________
- System of World Interbank Financial Transportation
- Society wide interest & financial telecommunications
- Society for worldwide interbank Financial transportation
- Society for Worldwide interbank Financial Tr
Q24 | _________ is market where foreign currencies are bought and sold.
- Stock Market
- Forex Market
- Capital Market
- Debt Market
Q25 | _________ theory states that the exchange rate between currencies of two countriesshould be equal to the ratio of the countries price levels.
- IRP
- PPP
- Fisher`s
- T Bills