Economics MCQs and Notes

M

Mr. Dubey • 52.30K Points
Coach

Q 1. Which of the following best describes horizontal foreign direct investment?

(A) long term lending to a foreign firm

(B) fdi in the same industry abroad as the foreign investor firm

(C) fdi into industry that provide inputs to the firm

(D) fdi into industry that uses the firm\s output

M

Mr. Dubey • 52.30K Points
Coach

Q 2. Which of the following constitutes foreign direct investment?

(A) purchase of stock

(B) reinvestment of earnings by a wholly owned subsidiary abroad

(C) investment by all types for abroad

(D) lending of funds to a foreign subsidiary

M

Mr. Dubey • 52.30K Points
Coach

Q 3. Which of the following statements best defines FDI

(A) loans from multilateral institutions like imf and world bank

(B) investment in foreign assets to acquire lasting business interest

(C) buying shares of companies in a foreign country without gaining control over management

(D) foreign currency deposits of non-resident citizens

M

Mr. Dubey • 52.30K Points
Coach

Q 4. The IRDA act passed in the year

(A) 1948

(B) 1951

(D) 1999

M

Mr. Dubey • 52.30K Points
Coach

Q 5. Virtual banking aims at rendering banking services through

(A) branch expansion

(B) advancing cheap creadit

(C) use of it services

(D) low expansion

M

Mr. Dubey • 52.30K Points
Coach

Q 6. In recent years the number of RRBs has

(A) remained constant

(B) decreased

(C) low

(D) increased

M

Mr. Dubey • 52.30K Points
Coach

Q 7. In recent years Indian banks have increased their efficiency by

(A) by reducing number of employees

(B) expansion

(C) using information technology

(D) by increasing number of branches

M

Mr. Dubey • 52.30K Points
Coach

Q 8. Financial inclusion aims at providing financial services to

(A) poor people

(B) indian investors abroad

(C) banking

(D) industrialists

M

Mr. Dubey • 52.30K Points
Coach

Q 9. In 2017 advances of commercial banks to the priority sector was

(A) 0.4

(B) more than 40%

(C) less then 40%

(D) 0.45

M

Mr. Dubey • 52.30K Points
Coach

Q 10. Which of the following is not a feature of the tourism industry?

(A) has high employment potential

(B) it is composite of several service providers

(C) does not harm the natural environment

(D) has high foreign exchange earning potential