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question_answer1)
Foreign exchange transactions dependent on other foreign exchange transactions are called:
A)
Current Account Transactions done
clear
B)
Capital Account Transactions done
clear
C)
Autonomous Transactions done
clear
D)
Accommodating Transactions done
clear
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question_answer2)
Foreign exchange transactions which are independent on other foreign exchange transactions in the BoP are called:
A)
Current Account Transactions done
clear
B)
Capital Account Transactions done
clear
C)
Autonomous Transactions done
clear
D)
Accommodating Transactions done
clear
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question_answer3)
Balance of payments deficit is the excess of:
A)
current account payments over current account receipts done
clear
B)
capital account payments over capital account receipts done
clear
C)
autonomous payments over autonomous receipts done
clear
D)
accommodating payments over accommodating receipts done
clear
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question_answer4)
A company Located in India receives a loan from a company located abroad. How is his transaction recorded in India's balance of payments account?
A)
Credit side of current account done
clear
B)
Debit side of current account done
clear
C)
Credit side of capital account done
clear
D)
Debit side of capital account done
clear
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question_answer5)
An Indian company located in India invests in a company located abroad. This transaction is entered in India's balance of payments account on:
A)
credit side of current account done
clear
B)
debit side of current account done
clear
C)
credit side of capital account done
clear
D)
debit side of capital account done
clear
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question_answer6)
A systematic record of all economic transactions between residents of a country and the rest of the world during a year is called:
A)
balance of payments done
clear
B)
foreign trade done
clear
C)
balance of trade done
clear
D)
X-M done
clear
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question_answer7)
Export and import of goods is known as:
A)
invisible trade done
clear
B)
visible trade done
clear
C)
one sided transaction done
clear
D)
unrequested transfer done
clear
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question_answer8)
Balance of trade is measured as:
A)
difference between exports and imports of goods done
clear
B)
difference between exports and imports of services done
clear
C)
difference between imports and exports of capital done
clear
D)
difference between all exports and all imports done
clear
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question_answer9)
Disequilibrium in Balance of Payments (BoP) means:
A)
surplus balance of payments done
clear
B)
deficit balance of payments done
clear
C)
Both [a] and [b] done
clear
D)
None of the above done
clear
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question_answer10)
Balance of Trade (BoT) can be:
A)
surplus done
clear
B)
deficit done
clear
C)
balanced done
clear
D)
All of these done
clear
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question_answer11)
The difference between value of visible exports and value visible imports is called:
A)
BoP done
clear
B)
BoT done
clear
C)
balance of current account done
clear
D)
balance of capital account. done
clear
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question_answer12)
Which is/are the component(s) of BoP?
A)
Capital account done
clear
B)
Current account done
clear
C)
Both [a] and [b] done
clear
D)
None of these done
clear
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question_answer13)
In current account, BoP items include:
A)
export and import of goods done
clear
B)
export and import of services done
clear
C)
receipts and payments of unilateral transfer done
clear
D)
All of the above done
clear
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question_answer14)
Capital account of BoP items include:
A)
foreign investment done
clear
B)
loans done
clear
C)
NRI deposits with Indian banks done
clear
D)
All of these done
clear
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question_answer15)
If balance of trade is (-) Rs. 500 crore and value of exports Rs. 400 crore, then the value of imports will be:
A)
Rs. 1,300 crore done
clear
B)
Rs. 300 crore done
clear
C)
Rs. 900 crore done
clear
D)
Rs. 1,200 crore done
clear
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question_answer16)
If BoT is (-) Rs. 700 crore and value of exports is Rs. 500 crora then the value of imports will be:
A)
Rs. 1,200 crore done
clear
B)
Rs. 200 crore done
clear
C)
Rs. 1,100 crore done
clear
D)
Rs. 1,300 crore done
clear
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question_answer17)
If Balance of Trade (BoT) deficit is (-) Rs. 6,000 crore and the value of imports is Rs. 8,000 crore, then the value of export will be:
A)
Rs. 2,000 crore done
clear
B)
Rs. 14,000 crore done
clear
C)
Rs. 9,000 crore done
clear
D)
None of these done
clear
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question_answer18)
The transactions which are taken to make equilibrium in BoF are called:
A)
autonomous transactions done
clear
B)
accommodating transactions done
clear
C)
economic transactions done
clear
D)
None of the above done
clear
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question_answer19)
Transfer of payment may be:
A)
grants in cash from foreign government done
clear
B)
contributions from international organisation done
clear
C)
donations done
clear
D)
All of the above done
clear
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question_answer20)
A country's BoT is Rs. 400 crores. Value of exports of goods is Rs. 550 crores, then the value of imports will be:
A)
Rs. 1,150 crore done
clear
B)
Rs. 500 crore done
clear
C)
Rs. 150 crore done
clear
D)
None of these done
clear
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question_answer21)
BoP is measured as:
A)
difference between visible items of exports and imports done
clear
B)
difference between invisible items of exports and imports done
clear
C)
difference between external and internal flow of gold done
clear
D)
difference between all receipts of foreign exchange and payments of foreign exchange done
clear
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question_answer22)
In which of the following categories are economic transactions of balance of trade recorded?
A)
Visible items done
clear
B)
Invisible items done
clear
C)
Capital transfers done
clear
D)
All of these done
clear
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question_answer23)
Autonomous items are related to those transactions which:
A)
are determined by motive of profit done
clear
B)
are not concerned with the equilibrium status of BoP done
clear
C)
Both [a] and [b] done
clear
D)
None of the above done
clear
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question_answer24)
Accommodating items are those items of BoP which:
A)
are not determined by profit motive done
clear
B)
are conditioned by the positive or negative BoP status done
clear
C)
deal with capital transfers only done
clear
D)
Both [a] and [b] done
clear
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