027 Multiple Choice Questions Test on Global Business Terms

Here is a small MCQ Test based on the United States and the Global Business Terms. Just , click the answer which you consider as the best. Press the 'get score button' when you are done. You can press the 'get score' button any number of times even in the midst of test. Press 'reset' if you want to try afresh.

1.Which of the following European countries is not considered having a weak economy?

Greece Spain Italy France

2.Largest economy of the European Union:

France Britain Germany Italy

3.Ms. Christine Lagarde is the 2011 chair-person of

World Bank IMF WTO IDA

4.Countries experiencing balance of trade difficulties can avail overdraft from

IDA IMF WTO World Bank

5.Increasing inequalities in developing countries is explained by the curve

J-curve Yield Curve Commodity Price Curve Kuznet's Curve

6.Kyoto Convention deals with procedures of

Insurance Shipping Customs Environment

7.A Bill of Lading is issued by

Carrier Consignee Shipper Indenting Agent

8.VAT is a/an

income tax customs duty sales tax travel tax

9.Hague Protocol and Warsaw Conventions deal with

air cargo marine cargo post parcel surface transport

10.EuroDollars are held

inside Europe inside U.S.A. outside Europe outside U.S.A.

11.Forward premia and discounts in foreign exchange markets arise owing to

speculation interest rate differentials demand and supply all

12.A put 'option' gives

right and obligation to sell right and obligation to buy right to sell without obligation to sell right to buy without obligation to buy d`

13.In case of D.E.Q. (Delivered Ex Quay) the seller should pay everything

upto loading at the port of shipment upto unloading at the port of destination pay for unloading, import clearances and import duties in the buyer's country NOT

14.The shares supporting the A.D.R.s (American Deposit Receipts) are issued by

American Companies foreign Companies European Companies all

15.How many digits do American Zip Codes have

5 6 7 8

16.The term 'Old Lady' refers to

Bank of England Paris Bourse FED BundesBank

17.Not a member of North American Free Trade Agreement:

Canada Greenland Mexico U.S.A.

18.Not a member of Organisation of American States (OAS) :

Canada Mexico U.S.A. Brazil

19.Wall Street is in

Boston Chicago Los Angeles New York

20.American Style Options :

should be exercised on due date can be exercised before due date can be exercised even after due date NOT

.