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20 questions
which is systematic record ofall the economic transactions between one country and rest of the world
Balance of trade
Balance of transactions
Budget
Balance of payments
which one of the following items is an intangible item in balance of payments statement?
Export of food grain
import of crude oil
banking services provided in other countries
import of steel by steel industry
Capital account may be
Private capital
Banking capital
official capital
all of them
current transaction are of which nature?
flow
stock
both a and b
none of above
Current account of BOP records transactions is related to
exchange of goods
exchange of service
unilateral transactions
all of above
Balance of trade is measuredas:
Dfference between import and export of goods
difference between import and export of services
Difference between import and export of capital
Difference betwee all import and all export
current account may be
visible items
invisible items
unilateral transactions
all of above
Balance of trade is Rs (-) 150crs and value of exports are Rs 350 crs.In this case value of imports will be
Rs 200crs
Rs 300crs
Rs 400 crs
Rs 500crs
which one of the following items are not the transactions of balance of trade
Export of jute
import of steel
Banking services providedin other countries
import of food items
if India export goods worth rs 20 crs and imports goods worth rs 30 crs.it will have a
surplus of rs10 crs in balance of trade
deficit of rs10 crs in balance of trade
deficit of rs50 crs in balance of trade
none of above
which of the following items related to balance of payments on capital account?
Foreign investment
Loans
NRI remmittance
Allof these
If the value of visible exports exceeds the value of invisible imports the balance relates to
Current account of BOP
Capital account of BOP
Balance of trade
none of these
If BOT is showing the deficit of rs 200crs and value of exports is 700crs ,then the value of imports will be :
Rs200crs
Rs 500crs
Rs 700crs
Rs900crs
Foreign exchange transactions which are independent of other transactions in BOP account are called :
Current transaction
Capital transactions
Autonomous transactions
Accommodating transactions
Foreign exchange transactions which are dependent of other foreign exchangetransactions are called :
Current account transactions
Capital account transactions
Autonomous transactions
Accommodating transactions
Borrowing from abroad is recorded in BOT .true or false
True
False
Autonomous transactions are
Profit motive
Above the line
Not balanceing in nature
All of above
Accommodating transactions are
Balanceing in nature
Below the line
Both a and b
neither a nor b
Which of the following items are not a part ofcapital account?
loans
Banking capital transactions
Unilateral transactions
Portfolio investment
which of the following is not a part of current account
Export of goods
Imports of services
Grants and gifts
FDI
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