What is the most commonly used measure of economic activity in a country?
A. GNP
B. GDP
C. Inflation
D. None of these
Answer
Correct Answer: B. GDP
Which of the following deals with economic offences?
A. MISA
B. NSA
C. TADA
D. COFEPOSA
Answer
Correct Answer: D. COFEPOSA
The headquarters of the Economic and Social Commission for Asia and Pacific (ESCAP) is located at:
A. Bangkok
B. Singapore
C. Kuala Lumpur
D. Manila
Answer
Correct Answer: A. Bangkok
World Bank provides loans to underdeveloped countries at the rate of:
A. 2.5 %
B. 5.2 %
C. 5.5 %
D. 6.1 %
Answer
Correct Answer: C. 5.5 %
“Conditionality” of an I.M.F. loan to a member country stands for:
A. Interest and repayment terms of the loan
B. An assessment of the creditworthiness of the borrower
C. Schedule of disbursement of loan installments
D. The policy steps which the borrower country must take
Answer
Correct Answer: D. The policy steps which the borrower country must take
Which of the following countries has the largest external debt?
A. U.S.A.
B. India
C. Mexico
D. Brazil
Answer
Correct Answer: A. U.S.A.
According to the latest World Bank Atlas, the country with the highest per capita income is:
A. U.S.A.
B. Switzerland
C. Japan
D. Egypt
Answer
Correct Answer: B. Switzerland
Which of the following organizations, through its various programmes, works to achieve complete economic union of its members?
A. Asian and Pacific Council (ASPAC)
B. Asian Productivity Organization (APO)
C. BENELUX Economic Union
D. None of these
Answer
Correct Answer: C. BENELUX Economic Union
The main watch dog of international trade is:
A. IMF
B. GATT
C. IFC
D. World Bank
Answer
Correct Answer: A. IMF
The headquarters of Asian Development Bank is in:
A. Hong Kong
B. Seoul
C. Manila
D. Tokyo
Answer
Correct Answer: C. Manila