Question

What was the policy action taken after the financial crisis of 2007?

a.

Implementing fixed exchange rates

b.

Averting a second Great Depression

c.

Reducing international cooperation

d.

Maintaining the status quo

Posted under IC 89 Management Accounting

Answer: (b).Averting a second Great Depression Explanation:The decisive policy action taken after the financial crisis of 2007 was to avert a second Great Depression.

Interact with the Community - Share Your Thoughts

Uncertain About the Answer? Seek Clarification Here.

Understand the Explanation? Include it Here.

Q. What was the policy action taken after the financial crisis of 2007?
Add Comment

Similar Questions

Explore Relevant Multiple Choice Questions (MCQs)

Q. What did the G-20 Leaders recognize at their Summit in Seoul in 2010?

View solution

Q. What does the IMF assess based on the policy decision of the Seoul Summit in 2010?

View solution

Q. What does international finance examine and explore?

View solution

Q. What does the International Monetary System constitute?

View solution

Q. What does the International Financial System cover and include?

View solution

Q. What is facilitated by the international monetary system?

View solution

Q. What was established in 1947 to improve world trade?

View solution

Q. What replaced GATT in 1995?

View solution

Q. What were some factors contributing to the 2007 financial crisis?

View solution

Q. What is Foreign Direct Investment (FDI)?

View solution

Q. What are the two types of FDI?

View solution

Q. What are the various ways for FDI?

View solution

Q. Under what routes can an Indian company receive Foreign Direct Investment (FDI)?

View solution

Q. What is the Balance of Payment (BOP) account?

View solution

Q. What are the three main components of the BOP account?

View solution

Q. What are the stated objectives of the IMF?

View solution

Q. Under the 'Gold Standard' Financial System from 1873-1914, which of the below were used as Reserve Assets?

View solution

Q. In the _________________ , imports & exports of goods and services and unilateral transfer of goods & services are entered.

View solution

Q. The objective Is of the IMF includes:

View solution
View All MCQs on IC 89 Management Accounting

Recommended Subjects

Are you eager to expand your knowledge beyond IC 89 Management Accounting? We've handpicked a range of related categories that you might find intriguing.

Click on the categories below to discover a wealth of MCQs and enrich your understanding of various subjects. Happy exploring!

Microbiology

Uncover the fascinating world of microbes with our Microbiology category. Delve into...

Waste Water Engineering

Navigate the challenges of wastewater treatment and management with our Waste Water...

Mechanical Engineering

Explore the world of Mechanical Engineering with our specialized category. Dive into...

Civil Engineering

Dive into the world of Civil Engineering with our specialized category. Explore the...

Highway Engineering

Navigate the road to efficient transportation with our Highway Engineering category....

Environmental Biotechnology

Discover the intersection of biology and environmental science with our Environmental...

Optical Communication

Explore the world of high-speed data transmission with our Optical Communication...

IC38 Life Insurance Agent Exam

Prepare for success in the Insurance Institute of India (III) IC38 IRDA examination...

Fluid Mechanics

Unlock the mysteries of fluids and their behavior with our Fluid Mechanics category....