International Financial Management Test

Name

Section

Complete roll number

Q1. ________ maintains the foreign exchange reserves in India?

• A. State Bank of India
• B. Reserve Bank of India
• C. Finance Ministry of India
• D. EXIM India

Q2. Due to globalization, the financial management function has become _________.

• A. Less demanding and complex
• B. More demanding and complex
• C. Less important and complex
• D. Outdated and complex

Q3. India’s foreign exchange rate system is _______

• A. Fixed target of band
• B. Free float
• C. Fixed system
• D. Managed float

Q4. India is facing continuous deficit in its balance of payments in the foreign exchange market rupee is expected to _______

• A. Appreciate
• B. Depreciate
• C. Show no specific tendency
• D. All of the above

Q5. _____ is not a characteristic of speculation.

• A. Hedging
• B. Risk taking
• C. Profit motive
• D. Exchange rate fluctuation

Q6. The responsibility for the administration of FEMA is vested with ________

• A. Central government
• B. State government
• C. RBI
• D. National banks

Q7. A source of supply of foreign exchange is ________

• A. Imports
• B. Exports
• C. Donations
• D. Gifts