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JAIIB Exam 2025 IE&IFS Important Questions MCQs Quiz-6
JAIIB Exam Quiz 2025: The JAIIB exam is scheduled for 2025 by IIBF. Here, we are providing JAIIB IE&IFS MCQ-based quizzes on a regular basis. You can attempt the quizzes regularly to prepare for the upcoming JAIIB exam. The quizzes will be provided module-wise and unit-wise. You can attempt the JAIIB IE&IFS quizzes from the links below and improve your preparation by practicing regularly. These quizzes will help you boost your score in the JAIIB exam and guide you to clear the exam on your first attempt.
Q.1 How does the World Trade Organization describe globalization?
A. The reduction of environmental regulations across borders.
B. The development towards unrestricted cross-border flows of goods, services, capital, and labor force.
C. The promotion of cultural homogeneity across countries.
D. The establishment of regional trade blocks.
Q.2 What does the term “globalisation” primarily refer to?
A. The isolation of countries to protect domestic industries.
B. The establishment of borders to regulate the movement of goods and people.
C. The focus on regional trade agreements to limit international cooperation.
D. The increasing interconnectedness of economies, cultures, and inhabitants through trade, investment, and knowledge flows.
Q 3 Which of the following is NOT a key reason for the acceptance of globalization?
A. Investment
B. Proliferation of technology
C. Isolationist trade policies
D. Educated workforce
Q.4 What was one of the significant effects of globalization on the Indian economy following the 1991 reforms?
A. A decline in per capita income.
B. A decrease in consumer options and employment opportunities.
C. The recognition of exports as a growth engine and the adoption of new technologies.
D. Reduced focus on agricultural exports and mechanization.
Q.5 What is a key proposition for achieving fair globalization?
A. Focusing only on economic growth without addressing social disparities.
B. Promoting mutual understanding and dialogue among governments and organizations to foster social cohesion.
C. Limiting international trade to protect domestic industries.
D. Prioritizing the interests of corporations over workers’ rights.
Q.6 What does the term “deglobalisation” primarily refer to?
A. The reduction of dependency and integration among global units.
B. Increasing interconnectedness among countries through trade and investment.
C. Expanding international trade and cross-border collaboration.
D. Encouraging unrestricted flow of goods, services, and people.
Q.7 What is the primary objective of protectionist measures during deglobalisation?
A. To promote free trade and global economic integration.
B. To encourage foreign investment and competition.
C. To protect domestic producers and workers from foreign competition.
D. To reduce government intervention in the economy.
Q.8 What is one of the key characteristics of deglobalisation?
A. Increased international cooperation and trade agreements.
B. Collapse of economic trade and investment between countries.
C. Expansion of global markets for goods and services.
D. Encouragement of cross-border integration.
Q.9 What is the primary purpose of government-enacted protectionist laws during deglobalisation?
A. To increase dependency on foreign markets.
B. To support home producers and workers against foreign competition.
C. To encourage international collaboration in trade.
D. To promote the unrestricted flow of global goods and services.
Q.10 What are the three main forms of protectionism?
A. Free trade agreements, export subsidies, and tax incentives.
B. Tariffs, import quotas, and non-tariff barriers.
C. Foreign direct investment, open markets, and trade liberalization.
D. Global trade pacts, economic integration, and deregulation.
Answer:
Q1: B
Q2: D
Q3: C
Q4: C
Q5: B
Q6: A
Q7: C
Q8: B
Q9: B
Q10: B
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