Balance of Payment

Balance of Payment

Assessment

Assessment

Created by

B Rupini

Other

University

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Hard

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20 questions

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1.

MULTIPLE CHOICE

30 sec • 1 pt

Name the economic transactions which are undertaken to make equilibrium in balance of payment

2.

MULTIPLE CHOICE

30 sec • 1 pt

If India Exports goods worth Rs.20 crores and imports goods worth Rs.30 crores, it will have a ________

3.

MULTIPLE CHOICE

30 sec • 1 pt

If value of visible exports is greater than the value of invisible imports, the balance relates to ____

4.

MULTIPLE CHOICE

30 sec • 1 pt

Trade deficit refers to the situation where

5.

MULTIPLE CHOICE

30 sec • 1 pt

Which one of the following statements deals with debts and claims of a country ?

6.

MULTIPLE CHOICE

30 sec • 1 pt

Import & Export of services is called

7.

MULTIPLE CHOICE

30 sec • 1 pt

Gifts and grants received from abroad are recorded on which side of BoP Account

8.

MULTIPLE CHOICE

45 sec • 1 pt

Investment by Indian residents in shares of foreign companies is recorded on which side of BoP account

9.

MULTIPLE CHOICE

30 sec • 1 pt

Surplus in current account arises when

10.

MULTIPLE CHOICE

30 sec • 1 pt

Which account has a direct impact on the income, output and employment?

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