Introduction to World Economy.d

Introduction to World Economy.d

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Вопросы и варианты

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Вопрос 1

Where the headquarters of International Monetary Fund located

  1. New York
  2. Washington
  3. Geneva
  4. London
Вопрос 2

A Recession is negative economic growth for … consecutive quarters

  1. two
  2. three
  3. four
  4. six
Вопрос 3

Which country is the biggest exporter in the world

  1. Germany
  2. USA
  3. Japan
  4. China
Вопрос 4

Which country has first ever printed paper money

  1. USA
  2. China
  3. India
  4. Egypt
Вопрос 5

Which is the World first stock exchange

  1. New York
  2. Amsterdam
  3. Antwerp, Belgium
  4. Hamburg, Germany
Вопрос 6

The currency of Japan is known as

  1. dollar
  2. yen
  3. renminbi
  4. ringgit
Вопрос 7

Total number of countries that officially used Euro as currency

  1. 15
  2. 16
  3. 18
  4. 28
Вопрос 8

Total number of members in ASEAN (Association of Southeast Asian Nations), an economic organization is

  1. 10
  2. 12
  3. 15
  4. 20
Вопрос 9

The annual winter meeting of World Economic Forum held every year in

  1. Davos
  2. Cologny
  3. Geneva
  4. Ohio
Вопрос 10

World Bank was established in the year

  1. 1932
  2. 1938
  3. 1944
  4. 1946
Вопрос 11

GDP stands for

  1. Gross Development Price
  2. Gross Domestic Product
  3. Growth Developed Price
Вопрос 12

Who first developed the concept of GDP

  1. Richard Easterlin
  2. Wassily Leontief
  3. Milton Friedman
  4. Simon Kuznets
Вопрос 13

World Trade Organization (WTO) starts functioning from the year

  1. 1993
  2. 1995
  3. 1997
  4. 2000
Вопрос 14

World Trade Organization Ministerial Conference of 2001 was held in

  1. Cancun
  2. Paris
  3. Geneva
  4. Doha
Вопрос 15

Ruble is the currency of

  1. Japan
  2. Russia
  3. Malaysia
  4. South Africa
Вопрос 16

'Das Kapital' a book on political economy was written by

  1. Karl Marx
  2. William Herschel
  3. Friedrich Engels
  4. Adam Smith
Вопрос 17

Which are BRIC countries

  1. Bangladesh, Romania, Italy, China
  2. Brazil, Russia, India, China
  3. Chile, Russia, Italy, Cuba
  4. Bangladesh, Romania, Ireland, China
Вопрос 18

The first G-20 summit was held in the year

  1. 2002
  2. 2006
  3. 2008
  4. 2009
Вопрос 19

Which country is not a member of G-20 group

  1. India
  2. Saudi Arabia
  3. Indonesia
  4. Thailand
Вопрос 20

Where the G-20 summit of 2014 will be held

  1. Australia
  2. USA
  3. Mexico
  4. India
Вопрос 21

Which country get the highest ranking in the latest list published by World Bank for GDP per capita

  1. Macau
  2. Qatar
  3. Luxembourg
  4. Norway
Вопрос 22

Before 2009, when the last Global recession was taken place

  1. 1971
  2. 1982
  3. 1991
  4. 2001
Вопрос 23

The Great Recession starts in the month of december of the year

  1. 2005
  2. 2007
  3. 2008
  4. 2009
Вопрос 24

The Great Depression of 1930s was started from which country

  1. India
  2. Britain
  3. Canada
  4. USA
Вопрос 25

Which one is the World's biggest stock exchange

  1. Tokyo
  2. New York
  3. London
  4. NASDAQ
Вопрос 26

Which country is the largest reserves of gold in the world

  1. India
  2. Germany
  3. Italy
  4. USA
Вопрос 27

The World Economic Forum Annual Meeting 2015 was held in

  1. Davos
  2. Geneva
  3. Rome
  4. Paris
Вопрос 28

Where the headquarters of BRICS Development Bank will be located

  1. India
  2. Russia
  3. South Africa
  4. China
Вопрос 29

The 7th BRICS summit in 2015 held at

  1. India
  2. Russia
  3. South Africa
  4. China
Вопрос 30

The Still Well Road exist between India and

  1. Bangladesh
  2. China
  3. Myanmar
  4. Bhutan
Вопрос 31

By whom was the autonomous investment separated from induced investment

  1. Joan Robinson
  2. Adam Smith
  3. Schumpeter
  4. Malthus
Вопрос 32

The time element in price analysis was introduced by

  1. JS Mill
  2. JR Hicks
  3. JM Keynes
  4. Alfred Marshall
Вопрос 33

Human Development Index (HDI) is a composite indicator of

  1. Income, Health and Education
  2. Income, Health and Trade
  3. Health, Education and Nutrition
  4. Health, Trade and Education
Вопрос 34

Which one of the following institution was replaced by World Trade Organization (WTO)

  1. UNCTAD
  2. GATT
  3. IBRD
  4. IDA
Вопрос 35

Which one is the first country in the world to implement GST

  1. USA
  2. Canada
  3. France
  4. Thailand
Вопрос 36

Which country has dual model of GST implemented

  1. Canada
  2. UK
  3. Germany
  4. USA
Вопрос 37

The ‘Ease of Doing Business Index’ is prepared and published by

  1. World Trade Organization
  2. World Bank Group
  3. United Nations
  4. European Nations
Вопрос 38

Which one of the following is not a trade block

  1. SAPTA
  2. EFTA
  3. OPEC
  4. UPEC
Вопрос 39

The WTO basically promotes

  1. financial support
  2. global peace
  3. unilateral trade
  4. multilateral trade
Вопрос 40

Which institution is known as "Soft Loan Window" of World Bank

  1. IDBI
  2. IDA
  3. IMF
  4. RBI
Вопрос 41

Which of the following resulted from the Great Depression?

  1. increased trade barriers and devalued currencies
  2. a stable exchange rate system
  3. free international capital flows
  4. decreased trade barriers
Вопрос 42

What is the main role of the IMF?

  1. to ensure a stable exchange rate regime and provide emergency assistance to countries facing crises in balance of payments
  2. to be a forum for trade and liberalization
  3. to assist countries in development
  4. to facilitate private investment around the world
Вопрос 43

What is the main role of the World Bank?

  1. to be a forum for trade
  2. to assist countries in development
  3. to facilitate private investment around the world
  4. to be a forum for liberalization
Вопрос 44

What is meant by the 'Washington Consensus'?

  1. the consensus in Washington about matters of foreign policy
  2. the ten-point guideline to liberal economic reform for development around the world
  3. the ten-point guideline for economic growth in Europe
  4. the ten-point neo-liberal guideline for progress in the US
Вопрос 45

Why do states undertake protectionist measures?

  1. to assist private investment
  2. to keep competitive foreign goods from flooding the market
  3. to keep stable exchange rates
  4. to keep local goods from flooding the market
Вопрос 46

What does structural adjustment involve?

  1. measures to reduce inflation
  2. measures to curb government expenditure
  3. Deregulation
  4. measures to reduce inflation, to curb government expenditure and deregulation
Вопрос 47

What is the mercantilist view of IPE?

  1. the world economy is where states seek to maximize their wealth and independence relative to other states
  2. the world economy is an arena of capitalist competition in which social groups are always in conflict
  3. free trade and free movement of capital shape the policies of governments and economic actors
  4. the world economy is where states seek to minimize their wealth
Вопрос 48

What is Dependency Theory?

  1. economic activity in the richer countries often leads to serious economic problems in the poorer countries
  2. economic development of poorer countries is positively dependent on economic growth of richer countries
  3. economic growth is beneficial to all
  4. economic activity in the richer countries often leads to development in the poorer countries
Вопрос 49

The constructivist approach pays attention to what?

  1. the rational actor
  2. how rational choice can be applied to constructing social groups
  3. how actors construct their interests within a structure of ideas, culture, and knowledge (which itself is shaped by hegemonic powers)
  4. how states and other actors construct their preferences, highlighting the role of identities, beliefs, tradition, and values
Вопрос 50

Under what conditions will states create international institutions?

  1. only where position relative to other states is not affected
  2. for mutual gains
  3. they arise as reflections of identities and interest of states and groups which are themselves forged through interactions
  4. depends on the school of thought
Вопрос 51

The Asian Development Bank has its headquarters in

  1. Tokyo
  2. Colombo
  3. Kuala Lumpur
  4. Manila
Вопрос 52

The headquarters of IMF is situated in

  1. Washington
  2. England
  3. New York
  4. Tokyo
Вопрос 53

World Trade Organisation is the new name of

  1. IFC
  2. IMF
  3. GATT
  4. World Bank
Вопрос 54

The International Bank for Reconstruction and Development is located at

  1. London
  2. Geneva
  3. Washington
  4. New York
Вопрос 55

The headquarters of World Bank are in

  1. Paris
  2. Washington D.C.
  3. Geneva
  4. New York
Вопрос 56

GATT headquarters is located at

  1. Washington
  2. Hague
  3. Geneva
  4. Paris
Вопрос 57

In which year was the new currency Euro introduced?

  1. 1996
  2. 1997
  3. 1998
  4. 1999
Вопрос 58

The Headquarters of United Nations Industrial Development Organisation is at

  1. Geneva
  2. Rome
  3. Vienna
  4. Washington D.C.
Вопрос 59

The full form of BCCI is

  1. Bank of Commerce and Cooperation International
  2. Bank of Credit and Commerce Association
  3. Bank of Central Cooperation International
  4. International Bank for Reconstruction and Development
Вопрос 60

The Economic and Social Commission for Asia and Pacific(ESCAP) is located at

  1. Manila
  2. Bangkok
  3. Kuala Lumpur
  4. Singapore
Вопрос 61

Who is the chairman of the New York Stock Exchange?

  1. Richard Grasso
  2. Richard
  3. Richard Paul
  4. Richard D Souza
Вопрос 62

The World Trade Organisation (WTO) is set up to take over functions of which of the following?

  1. ECA
  2. IUOTO
  3. ECOSOC
  4. GATT
Вопрос 63

Which of the following organizations has rated India as the sixth largest economy in the world?

  1. European Development Bank
  2. Asian Development Bank
  3. International monetary Fund
  4. World Bank
Вопрос 64

Which of the following deals with economic offences?

  1. NSA
  2. COFEPOSA
  3. MISA
  4. TADA
Вопрос 65

The soft loan affiliate of the World Bank is

  1. International Development Association
  2. International Monetary Fund
  3. Asian Development Bank
  4. International Bank for Reconstruction and Development
Вопрос 66

The main watch dog of international trade is

  1. World Bank
  2. IFC
  3. IMF
  4. W.T.O.
Вопрос 67

Which of the following types of borrowings from the IMF has the Softest servicing conditions

  1. Oil facility
  2. SAF
  3. Second Trancha Loan
  4. ESAF
Вопрос 68

From the view of International economy, Third World implies

  1. block led by U.S.A., U.K. etc
  2. the developing countries
  3. the developed countries
  4. the advanced countries
Вопрос 69

A common currency for the members of the Common Market in Europe is known as

  1. pound
  2. franc
  3. eurodollar
  4. dollar
Вопрос 70

In which of the following cities, the annual meeting of the World Economic Forum was held during January 2001?

  1. Davos
  2. Vienna
  3. Madrid
  4. Chicago
Вопрос 71

Which of the following could not be considered a major economic system?

  1. capitalism
  2. communism
  3. socialism
  4. physical quality of life index
Вопрос 72

Economic development refers to

  1. economic growth
  2. economic growth plus changes in output distribution and economic structure
  3. improvement in the well-being of the urban population
  4. sustainable increases in Gross National Product
Вопрос 73

OPEC is the

  1. Organization of Petroleum Exporting Country
  2. Organization of Pre- European Commission
  3. Oil Producing Economies Caucus
  4. Organization of Problematic Economies Committee
Вопрос 74

PPP is

  1. a theory that tells us that exchange rates between currencies are in equilibrium when their purchasing power is the same in both countries
  2. GDP divided by exchange rate
  3. a measure of income inequality
  4. a measure of infant mortality in developing countries
Вопрос 75

The Physical Quality of Life Index (PQLI) combines three indicators. They are

  1. infant mortality, life expectancy and adult literacy rate
  2. crime rate, clean environment and quality of housing
  3. air pollution rate, water pollution rate and sanitation
  4. health, education and environment
Вопрос 76

Infant mortality

  1. is defined as the annual number of deaths of infant under 1 year old per 1,000 live births
  2. reflects the availability of primary education, the rights of employment and social security
  3. is life expectancy up to age 3
  4. reflects the availability of hospitals and childcare facilities, and the parents’ wealth
Вопрос 77

The Human Development Index (HDI) summarizes a great deal of social performance in a single composite index, combining

  1. disparity reduction rate, human resource development rate and the composite index
  2. longevity, education and living standard
  3. minimum schooling, adult literacy and tertiary educational attainment
  4. human resource training, development and R&D
Вопрос 78

According to the text, basic needs include

  1. food, clothing and housing
  2. health, education and quality housing
  3. adequate nutrition, primary education, health, sanitation, water supply and housing
  4. longevity and living standards
Вопрос 79

ASEAN refers to the

  1. Association of South East Agro Nations
  2. Association of South East Asian Nations
  3. Alliance of South East Asian Neighbors
  4. Alliance of South Eastern African Nations
Вопрос 80

As economic development proceeds, income inequality tends to follow a(n) … curve

  1. convex
  2. inverted U-shaped
  3. L-shaped
  4. S-Shaped