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11th Standard Commerce Facilitators of International Business English Medium Free Online Test One Mark Questions 2020 - 2021

11th Standard

    Reg.No. :
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Commerce

Time : 00:10:00 Hrs
Total Marks : 10

    Answer all the questions

    10 x 1 = 10
  1. General Agreement on Tariff and Trade was signed on

    (a)

    30-October-1947

    (b)

    29-October-1947

    (c)

    28-October-1947

    (d)

    26-October-1947

  2. The headquarter of WTO is located at

    (a)

    New york

    (b)

    London

    (c)

    Genera

    (d)

    Brazil

  3. World bank is located at

    (a)

    Washington DC

    (b)

    New York

    (c)

    Tokyo

    (d)

    Hongkong

  4. WTO is the only organisations dealing with the

    (a)

    Global trade rules

    (b)

    Home trade rules

    (c)

    Entrepot trade rules

    (d)

    Import trade rules

  5. IMF was established in the year

    (a)

    1944

    (b)

    1945

    (c)

    1956

    (d)

    1997

  6. The main function of the World Trade Organisation (WTO) is ________

    (a)

    Enforcing of Uruguay Round agreements

    (b)

    Administering trade dispute settlement procedures

    (c)

    Facilitating multi-lateral trade relations of member countries and reviewing trade policies.

    (d)

    None of the above

  7. Regarding the International Monetary Fund, which one of the following statements is correct?

    (a)

    It can grant loans to any country

    (b)

    It can grant loans to only developed countries

    (c)

    It grants loan to only member countries

    (d)

    It can grant loans to the central bank of a country

  8. Special Drawing Rights (SDR) facility is available at ______

    (a)

    World Bank (IBRD)

    (b)

    International Monetary Fund (IMF)

    (c)

    International Development Association (IDA)

    (d)

    Organisation of Economic Cooperation and Development

  9. International Centre for Settlement of Investment Disputes was set up in the year

    (a)

    1956

    (b)

    1986

    (c)

    1966

    (d)

    1933

  10. GATT was renamed in 1995 as .............

    (a)

    WTO

    (b)

    IMF

    (c)

    World Bank

    (d)

    TRIPS

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