12th Class Economics Foreign Exchange Rate Question Bank

done Match The Column - Balance of Payments Total Questions - 5

• question_answer1)
  From the following statements given in Column I and Column II, choose the correct pair of statements:

  Column I		Column II
  A.	Visible Exports > Visible Imports	1.	Balance of trade
  B.	Visible Exports = Visible Imports	2.	Surplus in balance of trade
  C.	Visible Exports < Visible Imports	3.	Balance in balance of trade
  D.	Visible Exports - Visible Imports	4.	Deficit in balance of trade

  A)
  A - 2, B - 3, C - 4, D - 1 done clear
  B)
  A - 1, B - 2, C - 3, D - 4 done clear
  C)
  A - 3, B - 4, C - 1, D - 2 done clear
  D)
  A - 4, B - 2, C - 1, D - 3 done clear
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• question_answer2)
  From the following statements given in Column I and Column II, choose the correct pair of statements:

  Column I		Column II
  A.	Make in India Policy	1.	Accommodating items
  B.	Import of I-phone	2.	Autonomous items
  C.	Above the line items	3.	Inflow of foreign exchange
  D.	Below the line items	4.	Outflow of foreign exchange

  A)
  A - 4, B - 3, C - 1, D - 2 done clear
  B)
  A - 3, B - 2, C - 1, D - 4 done clear
  C)
  A - 3, B - 4, C - 2, D - 1 done clear
  D)
  A - 1, B - 4, C - 2, D - 3 done clear
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• question_answer3)
  From the following statements given in Column I and Column II, choose the correct pair of statements:

  Column I		Column II
  A.	Records only visible items	1.	Balance of payments current account
  B.	Records both visible and invisible items	2.	Balance of payments capital account
  C.	Records change in asset	3.	Balance of trade and liability status

  A)
  A - 3, B - 1, C - 2 done clear
  B)
  A - 1, B - 2, C - 3 done clear
  C)
  A - 2, B - 3, C - 1 done clear
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• question_answer4)
  From the following statements given in Column I and Column II, choose the correct pair of statements:

  Column I		Column II
  A.	When the value of export of goods and services is more than the value of import of goods and services.	1.	Current account deficit
  B.	When the value of export of goods and services is less than the value of import of goods and services.	2.	Current account surplus

  A)
  A - 1, B - 2 done clear
  B)
  A - 2, B - 1 done clear
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• question_answer5)
  From the following statements given in Column I and Column II, choose the correct pair of statements:

  Column I		Column II
  A.	These items can take place on both current and capital accounts	1.	Stock concept
  B.	These items can take place only on capital accounts	2.	Flow concept
  C.	BoP current account	3.	Autonomous items
  D.	BoP capital account	4.	Accommodating items

  A)
  A - 2, B - 3, C - 1, D - 4 done clear
  B)
  A - 4, B - 1, C - 3, D - 2 done clear
  C)
  A - 3, B - 4, C - 2, D - 1 done clear
  D)
  A - 1, B - 2, C - 4, D - 3 done clear
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