1.

A_____ is an investment in the form of a controlling ownership in a business in a country by an entity in

another country.
a) FPI
b)FDI
c)BOP
d)IDA
Ans:b
2.The minimum percentage of ownership of the voting power that is to be held with a foreign investor in
the organization of another country to be called as lasting interest is _______
a)15%
b)25%
c)8%
d)10%
Ans:d
3.Which one of the following is not a type of FDI?
a)Horizontal FDI
b)Vertical FDI
c)Platform FDI
d)Backward FDI
Ans:d
4.How many member countries are there in NAFTA?
a)3
b)5
c)8
d)10
Ans:a
5.Which one of the following is not a member country of NAFTA?
a)Canada
b)United States
c)Greenland
d)Mexico
Ans:c
6.When did NAFTA came into force?
a)1st January,1994
b)1st April, 1998
c)1st January,1988
d)1st June,1995
Ans:a
7.NAFTA was duly signed by the representatives of member countries on_____
a)1st January,1994
b)17th December,1992
c)31st December, 1993
d)17th June ,1993
Ans:b
8.When was European Union established?
a)1st January,1994
b)17th December ,1992
c)1st January,1958
d)1st july,1955
Ans:c
9.When was ASEAN established?
a)19th August,1955
b)8th August, 1967
c)11th September, 1958
d)8th November,1957
Ans:b
10.Which one of the following is not a member country of ASEAN?
a)Myanmar
b)Thailand
c)Maldives
d)Brunei
Ans:c
11.Where is the SAARC head quarters situated?
a)Geneva
b)Kathmandu
c)Jakarta
d)Srilanka
Ans:b
12.The secretariat of the SAARC was set up in Kathmandu on ______
a)17th January,1987
b)19th April, 1986
c)11th August,1998
d)19th january1997
Ans:a
13.Which of the following is not a level of Regional Economic Integration?
a)Free trade
b)Customs Union
c)Politica Union
d)Legal Union
Ans:d
14.Balance of payment depends on the _______ principle of accounting
a)Conservatism
b)Full disclosure
c)Dual aspect
d)Consistency
Ans:c
15. which of the following is a component of Balance of Payment ?
a)Investment Income
b)surplus
c) Mercandise
d)All of the Above
Ans:d
16.Portfolio Investment is related to _____
a)Payment
b)FDI
c)BOP
d)IDA
Ans:b
17.In which year BRICS was established?
a)2010
b)2013
c)1990
d)1998
Ans:a
18.When was OPEC established?
a)December 1980
b)September 1960
c)November1985
d)August 1982
Ans:b
19.Which of the following is the component of BOP?
a)Capital Account,
b)Current Account
c)Financial Account
d)All of the Above
Ans:d
20.The headquarters of OPEC is in _________
a)Geneva
b)Bagdad
c)Vienna
d)Venezuela
Ans:c
21.Which of the following variables affects the BOP?
a)Exchange rate
b)Price levels
c)Interest rates
d)All of the above
Ans:d
22.AFTA is a form of_______
a)ASEAN
b)SAARC
c)IMF
d)IBRD
Ans:a
23.AFTA was formed in _____
a)2009
b)1994
c)1984
c)1992
Ans:b
24.In OPEC p stands for
a)Payment
b)Petroleum
c)Principles
d)None of these
Ans:b
25.Which of the following is a benefit of Economic Integration?
a)Economies of scale
b)Generation of employment
c)Improving trade prospective
d)All of the above.
Ans:d