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US China Trade War & Currency

Total questions: 20

Worksheet time: 10mins

Name
Class
Date
1.

PBOC is the central Bank of China? PBOC Stands For

a)

Public Bank of China

b)

Peoples Bank of China

c)

Popular Ban of China

2.

USTR communicates trade policies of USA? What does USTR stand for?

a)

United States Tripartite Rolls

b)

United Sates Treasury Representatives

c)

United States Trade Representatives

3.

US China Reached First Phase Agreement wrt Trade War on which date?

a)

January 15th 2021

b)

January 15th 2020

c)

December 15th 2020

d)

December 15th 2019

4.

Made in China 2025 have been perceived by USA as a threat to their world leadership in terms of Economic Power and have been partly responsible for US China Trade War. What is the objectives of Made In China 2020?

a)

To engineer a shift for China from being a low-end manufacturer to becoming a high-end producer of goods.

b)

Transitioning the country’s existing manufacturing infrastructure and labor market towards producing more specialized output

c)

Pushing for leadership in robotics, information technology, and research & development.

d)

All of the above

5.

Value of Goods Tariffed by USA and China during the trade war, respectively are?

a)

360 Billion USD and 110 Billion USD

b)

260 Billion USD and 110 Billion USD

c)

200 Billion USD and 110 Billion USD

d)

100 Billion USD and 110 Billion USD

6.

Which Chinese Company was delisted in January 2021 from US Equity Indexes in January 2021?

a)

China Mobile

b)

China Unicom

c)

China Telecom

d)

All of the Above

7.

What Action did Trump take on China in 2018 wrt Trade War?

a)

Imposed Tariffs

b)

File a case against China with Word Trade Organisation

c)

Restricted Chinese Investment into high tech sectors of US Economy

d)

All of the above

8.

What is Trade Deficit which US has with China in 2019?

a)

345.2 Billion USD

b)

600 Billion USD

c)

542.8 Billion USD

9.

How much additional import was promised by China to Trump in the first phase of agreement on 15th Jan 2020

a)

300 Billion USD

b)

200 Billion USD

c)

350 Billion USD

d)

400 Billion USD

10.

How much of USA's debt China Holds?

a)

1.3 Trillion USD

b)

2.3 Trillion USD

c)

1.07 Trillion USD

d)

2.07 Trillion USD

11.

What has been the recent highs in Brent Crude?

a)

70 Dollars Per Barrel

b)

20 Dollars Per Barrel

c)

80 Dollars Per Barrel

d)

100 Dollars Per Barrel

12.

India Procures West Texas Intermediate Crude Oil or Brent Crude Oil?

a)

Brent Crude

b)

West Texas Intermediate

13.

What increases the yields on US Treasury Bonds?

a)

Inflation Expectations

b)

Interest Rate Expectations

c)

Both as above

14.

Call Option is used by an Importer?

a)

True

b)

False

15.

What is the Current USD INR Rate?

a)

72.50

b)

73.50

c)

74.50

16.

What is the current FX reserves held by RBI?

a)

480.29 Billion USD

b)

280.29 Billion USD

c)

380.29 Billion USD

d)

580.29 Billion USD

17.

In which year was UK voted out of Europe via a referendum ?

a)

2016

b)

2017

c)

2018

d)

2019

18.

Sub Prime Crisis of 2008 was a?

a)

Housing Bubble Burst

b)

Equity Bubble Burst

c)

IT Bubble Burst

19.

Lowest Price of West Texas Instrument Crude was quote on 20th April 2020. What was it?

a)

+10.6 Dollars Per Barrel

b)

-10.6 Dollars Per Barrel

c)

-37.63 Dollars Per Barrel

d)

+37.63 Dollars Per Barrel

20.

What is the All time High Figure of Sensex?

a)

51348

b)

41348

c)

51000

d)

51900