Question 1 :
Which of these measures would help improving the balance of account from a deficit?

Question 3 :
Huge international reserves are required to be maintained by the government in fixed and flexible exchange rate system.

Question 4 :
Select the correct outcomes up depreciation in a country's currency-using the code given below:<br>1. Export of the country goes up as value of the export falls in the international market.<br>2. At times, countries use it as a means to promote their exports.<br>3.Promoting exports through depreciation in ones currency is like selling national assets at throwaway prices to the world.

Question 5 :
Balance of payment account includes all of the following, except ____________.

Question 6 :
Which of these measures will reduce deficit on the current account of the balance of payments through the use of fiscal policy?

Question 9 :
The outward remittances will be affected at the contractual rate (if forward contract is booked) or at the ____________.

Question 10 :
The difference between merchandise exports and imports is termed as ______.

Question 15 :
Unilateral transfers made to abroad will be recorded as a debit item of BOP on current account.

Question 17 :
Select the correct one/ones in case of a volatility in the exchange rate of the rupee-using the code given below:<br>1. With depreciation in it, India's export earning increase.<br>2. Oil marketing companies of India benefit out of appreciation in it.

Question 18 :
Under flexible exchange rate system, each country fixes its value of currency in terms of some external standard.

Question 20 :
Which of the following sections is not a part of the balance of payments?<br/>

Question 21 :
In balance of payments, repayment of loans by Indian government to Japanese Government will be reflected as credit item.

Question 23 :
______&#160; is used to record payments for imported goods and services.

Question 24 :
Increase in foreign exchange rate leads to rise in supply of foreign exchange.

Question 25 :
Which of the following economic concepts is categorised on the basis of current account or capital account or both?

Question 26 :
Which of the following is correct about the balance of payment of India?

Question 29 :
The &#34; terms of trade&#34; is the name given to ________________.

Question 31 :
Match the items of List-I items in List-II and select a correct code:<table class="wysiwyg-table"><tbody><tr><td>List-I</td><td>List-II</td></tr><tr><td>(a) Current Account</td><td>(i) Official Capital</td></tr><tr><td>(b) Capital Account</td><td>(ii) Reserves from foreign countries</td></tr><tr><td>(c) Unilateral Payments</td><td>(iii) Reparations</td></tr><tr><td>(d) Official Statement Account</td><td>(iv) Visible and invisible exports and imports</td></tr></tbody></table>

Question 33 :
Which of these sectors is not a part of capital account?

Question 35 :
Many a time we read in financial newspapers a term/name NMCEX. What is the full form of the same?

Question 36 :
Layla a resident of&#160;country&#160;Y&#160; is working with country Z. She remits 15,000 to her family back in country Y. This will show as __________ in the balance of payment account.

Question 37 :
Which of these are shown on receipt side of balance of payment account?

Question 38 :
_________ are shown on the payment side of a balance of payment account.

Question 39 :
The exchange rate of currency is maintained at the same level in all the foreign exchange markets through _____________.

Question 42 :
Excess of foreign exchange receipts over foreign exchange payments on account of accommodating transactions equals deficit in the balance of payments.

Question 45 :
Which of the following can be included in the current account of the balance of payments?<br>(i) Purchase of goods from abroad<br>(ii) sale of services abroad<br>(iii) Worker's remittances from abroad<br>(iv) Sale of copyright to foreigners<br>(v) Direct investment in equity capital

Question 46 :
___________ is a record of all economic transaction made between the residents of one country with the residents of the rest of the world.

Question 48 :
For which of the following purposes Indian currency is fully convertible? Select correct code :<br>1. Repatriation of remittances<br>2. Interest payments of foreign loans<br>3. Direct foreign investment<br>4. Indirect foreign investment<br>5. Trade

Question 49 :
What is the reason for an net omissions and errors account?

Question 50 :
Current account records receipts and payments of transactions relating to visible items only.