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CA Final International Financial Management — practice questions

Explore 46 free International Financial Management questions in CA Final Strategicfinancialmanagement. Open each question or exercise to read its content, reference answers and available explanation.

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International Financial Management questions and exercises with answers

Showing questions 1–30 of 46.

A sovereign wealth fund is best described as which kind of entity?Read the answer and worked solution →Most sovereign wealth funds are funded mainly from which sources?Read the answer and worked solution →Who first used the term 'sovereign wealth fund', and in which year?Read the answer and worked solution →Which was the first SWF established for a sovereign state?Read the answer and worked solution →The earliest non-federal SWFs of the mid-19th century were set up by which US state?Read the answer and worked solution →In what year was the Texas Permanent School Fund created?Read the answer and worked solution →For a commodity exporter, an SWF mainly helps to do what?Read the answer and worked solution →SWFs are usually created when a government has what position?Read the answer and worked solution →Unlike reserves held for stability, an SWF aims at what?Read the answer and worked solution →Which are the three rules that governments commit to for an SWF?Read the answer and worked solution →Which is the main concern raised about SWFs?Read the answer and worked solution →Which 24 voluntary SWF standards were drafted under the IMF?Read the answer and worked solution →Which country passed the Foreign Investment and National Security Act of 2007 over SWF security worries?Read the answer and worked solution →Which common cause is given for SWFs becoming exhausted or bankrupt?Read the answer and worked solution →GIFT City is India's first of which type of centre?Read the answer and worked solution →In which Indian state is GIFT City located?Read the answer and worked solution →GIFT City stands on the banks of which river?Read the answer and worked solution →What does the abbreviation GIFT stand for in GIFT City?Read the answer and worked solution →What is the total development area of GIFT City?Read the answer and worked solution →The non-SEZ part of GIFT City is also known as which area?Read the answer and worked solution →Which tax benefit applies to services of IFSC SEZ units in GIFT City?Read the answer and worked solution →Which stake did the Gujarat government buy out in 2018 to reduce delays at GIFT City?Read the answer and worked solution →ADRs are denominated and pay dividends in which currency?Read the answer and worked solution →Who introduced the first ADR in 1927, for the retailer Selfridges?Read the answer and worked solution →Foreign shares represented by an ADR are called what?Read the answer and worked solution →Unsponsored ADRs trade on which market?Read the answer and worked solution →Which sponsored ADR level has the lowest SEC reporting burden for the issuer?Read the answer and worked solution →Which Level of sponsored ADR is the highest and involves actually issuing shares to raise capital?Read the answer and worked solution →Which annual filing is the basic equivalent of a US company's Form 10-K for Level II ADR issuers?Read the answer and worked solution →Which form serves as the prospectus format for a Level III ADR offering?Read the answer and worked solution →

Worked practice questions

A sovereign wealth fund is best described as which kind of entity?

  1. A stock exchange body
  2. A private pension trust
  3. A commercial retail bank
  4. A state-owned investment fund
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Correct answer: D. A state-owned investment fund

An SWF is owned by the state and invests in real and financial assets such as stocks, bonds and real estate.

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Most sovereign wealth funds are funded mainly from which sources?

  1. Retail deposits and household loans
  2. Fees from stock exchange listings
  3. Corporate income tax refunds only
  4. Commodity export revenues or reserves
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Correct answer: D. Commodity export revenues or reserves

Funding usually comes from commodity export revenue or from foreign exchange reserves held by the central bank.

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Who first used the term 'sovereign wealth fund', and in which year?

  1. Lawrence Summers in 2008
  2. Xu Yi-chong in 2011
  3. Michael Glos in 2008
  4. Andrew Rozanov in 2005
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Correct answer: D. Andrew Rozanov in 2005

Andrew Rozanov coined the term in 2005 in an article titled 'Who holds the wealth of nations?'.

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More Strategicfinancialmanagement topics

Mergers Acquisitions and Corporate RestructuringBusiness ValuationCapital BudgetingForeign Exchange Exposure and Risk ManagementInterest Rate RiskModern Portfolio TheoryPortfolio ManagementValuation (Finance)