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Management Aptitude Test Dec 2013 Paper

Directions (Q.Nos.11-14) Each of these questions has a text portion followed by four alternative summaries. Choose the option that best captures the essence of the text.

Question : 14

Total: 200

As things stand now, each country’s financial system is being sustained and supported by its own government. Governments are primarily concerned with their own economies. This gives rise to financial protectionism, which threatens to disrupt and perhaps destroy global financial markets. So, regulations must become international in scope. Otherwise, global financial markets will be destroyed by regulatory arbitrage.

Global markets need global regulations but each nation is rooted in the principle of national sovereignty
Financial protectionism damages the concept of globalisation
Global markets need international guidelines for the smooth running of global trade
Every country tries to protect its own financial interests

Validate

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