NTA-NET (Based on NTA-UGC) Commerce (Paper-II): Questions 209 - 210 of 1426

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Question number: 209

» International Business » Foreign Investment Institutions - Instruments - GDR's, ADR's

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Appeared in Year: 2018

MCQ▾

Question

Select the correct code of the following statements being correct or incorrect.

Statement (I): A Global Depositary Receipt (GDR) is a bank certificate issued in more than one country for shares in a foreign company.

Statement (II): A GDR is very similar to American Depositary Receipt (ADR)

Statement (III): GDRs are called EDRs when private markets are attempting to obtain Euros. (September Paper II)

Choices

Choice (4)Response

a.

Statements (I) and (II) are correct but (III) is incorrect.

b.

Statements (I) and (III) are correct but (II) is incorrect.

c.

Statements (II) and (III) are correct but (I) is incorrect.

d.

Statements (I), (II) and (III) are correct.

Question number: 210

» International Business » International Economic Institutions - IMF, World Bank, IFC, IDA, ADB

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Appeared in Year: 2018

MCQ▾

Question

Which one of the following is not the guiding principle of the World Bank regarding it’s lending operations? (September Paper II)

Choices

Choice (4)Response

a.

Proper assessment of the repayment prospects of loans.

b.

Lending should be only for specific projects which are economically and technically sound and of a high priority nature.

c.

The lending should be to enable a country to meet foreign exchange content of the project cost.

d.

The bank does expect the borrowing country to spend the loan in a particular country.

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