Question 1 :
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 4 :
A change from $Rs.140 = 2$ pounds to $Rs. 60 = 1$ pounds indicates that Rs. is:

Question 5 :
The balance of payments of a country is systematic record of ______________________.

Question 7 :
Current account of Balance of Payments account records only exports and imports of goods and services.

Question 9 :
In spot market, sale and purchase of foreign currency is settled on a specified future date.

Question 13 :
Which of these sectors is not a part of capital account?

Question 18 :
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 20 :
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 22 :
Many a time we read in financial newspapers a term/name NMCEX. What is the full form of the same?

Question 24 :
Foreign investments are recorded in the capital account of balance of payments.

Question 25 :
The exchange rate of currency is maintained at the same level in all the foreign exchange markets through _____________.

Question 26 :
Deficit in balance of trade indicates deficit in balance of payments also.

Question 31 :
A change from USD 3 = GBP 1 to USD 2 = GBP 1 represents ___________.

Question 32 :
Which one is not correct about country when its currency goes for depreciation?

Question 33 :
What is the main feature of a flexible exchange rate system?

Question 34 :
&#160;Select the correct one/ones related to the provision of rupee convertibility in India, using the code given below:&#160;1. India allows partial convertibility to rupee in the capital account in the case of outflow of capital by Indians. <br/>2. To the extent capital outflow by a foreign company is concerned, India allows full convertibility to rupee in the capital account up to the level of $ \,$500$ million.&#160;

Question 35 :
The difference between merchandise exports and imports is termed as ______.

Question 39 :
Excess of foreign exchange receipts over foreign exchange payments on account of accommodating transactions equals deficit in the balance of payments.

Question 40 :
Borrowing by government from World Bank to finance the BOP deficit will be recorded in the capital account.