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Questions (144)

CSE
What type of trade is being undertaken by India with East European countries?
  1. A Rupee trade
  2. B Free trade
  3. C Barter trade ✓
  4. D Bilateral trade
✓ Correct answer: (C)
Economy › External Sector & Trade
CSE
What was the main reason for a great civil strife in Argentina recently?
  1. A Ethnic conflict between the native red Indian tribes and others
  2. B Economic crisis due to huge public debt ✓
  3. C The issue of using native languages as medium of instruction in schools
  4. D Clashes between government troops and secessionist groups
✓ Correct answer: (B)
Economy › External Sector & Trade
CSE
The economic crisis in the latter half of 1990s most seriously affected Indonesia, Thailand, Malaysia and South Korea. The cause of the crisis was
  1. A mismanagement of the financial resources and financial sector, in general ✓
  2. B the prolonged over-valuation of local currencies vis-a-vis the western currencies
  3. C the downswing and recession in the western economies which earlier provided export market to these export-oriented
  4. D none of the above
✓ Correct answer: (A)
Economy › External Sector & Trade

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