Question 1 :
A change from $Rs.140 = 2$ pounds to $Rs. 60 = 1$ pounds indicates that Rs. is:
Question 3 :
Current account of Balance of Payments account records only exports and imports of goods and services.
Question 5 :
In spot market, sale and purchase of foreign currency is settled on a specified future date.
Question 6 :
Appreciation of Indian rupees will occur when $Rs. 45$ have to be paid to exchange one $US $ $ instead of present rate of $Rs. 40/$ $.
Question 9 :
The balance of payments of a country is systematic record of ______________________.
Question 13 :
The difference between merchandise exports and imports is termed as ______.
Question 14 :
_________ refers to a system in which foreign exchange rate is determined by market forces and central bank influences the exchange rate through intervention.
Question 16 :
Which of these reflect a country's record of all international transactions?
Question 18 :
Which one is not correct about country when its currency goes for depreciation?
Question 19 :
Devaluation and depreciation of currency are one and the same thing.
Question 22 :
What is the reason for an net omissions and errors account?
Question 23 :
Foreign exchange transactions dependent on other foreign exchange transactions are called : (choose the correct alternative)
Question 24 :
Balance of payment account includes all of the following, except ____________.
Question 25 :
For which of the following purpose Indian currency is fully convertible- select your answer, using the code given below :<br/>1. For repatriation of remittances and trade purposes<br/>2. Servicing of the foreign loans<br/>3. Direct foreign investment<br/>4. Indirect foreign investment
Question 26 :
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 33 :
Accommodating items of trade are undertaken in order to maintain the balance in the BOP account.
Question 34 :
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 35 :
Current account records receipts and payments of transactions relating to visible items only.
Question 37 :
Which of these sectors is not a part of capital account?
Question 38 :
DFEC stands for with regards to foreign trade in India refers to _________.
Question 42 :
Unilateral transfers made to abroad will be recorded as a debit item of BOP on current account.
Question 46 :
Deficit in balance of trade indicates deficit in balance of payments also.
Question 48 :
______  is used to record payments for imported goods and services.
Question 49 :
Other things remaining the same, when foreign currency becomes cheaper, the effect on national income is likely to be: <br>
Question 51 :
Which of the following economic concepts is categorised on the basis of current account or capital account or both?
Question 54 :
Which of these measures will reduce deficit on the current account of the balance of payments through the use of fiscal policy?
Question 55 :
Huge international reserves are required to be maintained by the government in fixed and flexible exchange rate system.
Question 58 :
The " terms of trade" is the name given to ________________.
Question 59 :
To keep the balance of payments deficit from becoming excessive, an under-developed country should ____________.
Question 60 :
Demand for American goods will rise in India due to appreciation of Indian currency.
Question 61 :
Which of the following are the components of foreign capital?<br/>$1$. Grants and loans.<br/>$2$. External commercial borrowings.<br/>$3$. Foreign direct investment.<br/>$4$. Deposits from non-residents.<br/>Select the correct answer using the code given.<br/>
Question 62 :
Which of the following terms is used in the field of economics?
Question 64 :
In commodity exchanges in India, Index Futures are not permitted, as some of the provisions of the FCRA do not allow the same. What is the full form of FCRA?
Question 65 :
In the balance of payment account, the transfer payments are included in which one of the following?
Question 66 :
Which one of the following pairs is not correctly matched with regard to balance of payments accounts?
