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11th Commerce Monthly Test - 1 ( Facilitators of International Business )

St. Britto Hr. Sec. School - Madurai

11th Commerce Monthly Test - 1 ( Facilitators of International Business )-Aug 2020

Time : 2.30 Hours

Part - A

Multiple Choice Question - Answer All Question

IMF was established on ................

27-0ct-1945
27-Dec-1945
15-Aug-1945
24-Nov-1945

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

It can grant loans to any country
It can grant loans to only developed countries
It grants loan to only member countries
It can grant loans to the central bank of a country

The headquarter of WTO is located at

New york
London
Geneva
Brazil

SAARC was established on _______

1985
1895
1858
1958

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

Enforcing of Uruguay Round agreements
Administering trade dispute settlement procedures
Facilitating multi-lateral trade relations of member countries and reviewing trade policies.
None of the above

The headquarters of International Finance Corporation was situated in ________

Europe
Washington
Chennai
Florida

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

1956
1986
1966
1933

IMF was established in the year

1944
1945
1956
1997

The headquarters of IMF and World Bank are located at ______

Geneva & Montreal
Geneva & Vienna
New York & Geneva
Washington

TRIPs is one of the WTO agreement that deals with

Trade in agriculture
Trade in services
Trade-related investment measures
Trade-related intellectual properties

Part - B

Generic 2 - Answer All Question

What is IFC?

Give any two differences between GATT and WTO.

Necessity for world as global village through IMF IBRD and SAARC
What is WTO?

WTO- new agreements

Write the meaning Agreement of Agriculture:(AOA).

What are the main principles of GATT.

Write a: note on ICSID.

IMP. World Bank and SAARC major role in international business

Part - C

Generic 3 - Answer All Question

Write a note on IFC.

Write a short note on MIGA:

Write a note on IDA.

Name the affiliate of World Bank.

Explain TRIPS:

What are the criticism of World Bank?

What are objectives of SAARC?
What are the principles of WTO?

Describe the objectives of IBRD.

What is the primary motive of establishment of WTO?

Part - D

Generic 5 - Answer All Question

Discuss the WTO Agreements.

Highlight the functions of IBRD.

Write down the functions of IMF.

Write any five criticisms on WTO:

Explain how for India has benefited from IMF.

Write down the functions of WTO.

Describe the benefits of WTO.

Write short notes on LERMS.

Point out the objectives of WTO.

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