NTA-NET (Based on NTA-UGC) Commerce (Paper-II): Questions 209 - 210 of 1426
Access detailed explanations (illustrated with images and videos) to 1426 questions. Access all new questions we will add tracking exam-pattern and syllabus changes. Unlimited Access for Unlimited Time!
View Sample Explanation or View Features.
Rs. 600.00 or
How to register?
Question number: 209
» International Business » Foreign Investment Institutions - Instruments - GDR's, ADR's
Appeared in Year: 2018
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
Appeared in Year: 2018
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. | |