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English
Economics
History & Civics
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Question-1
Balance of trade is the record of transaction of one country with _________________ countries
(A)
One country
(B)
With neighbors
(C)
With far away countries
(D)
All the countries
Question-2
A equilibrium in the balance of payments could be due to ________________
(A)
Surplus
(B)
Deficit
(C)
Could be surplus or deficit
(D)
None of these
Question-3
Balance of payments is a ________________ concept.
(A)
Stock
(B)
Flow
(C)
Either stock or flow
(D)
None of these
Question-4
Examples of transfer receipts are ___________________
(A)
Foreign remittances to households
(B)
Indemnity payments
(C)
a and b
(D)
None of these
Question-5
________________ refers to the form of investments made under which companies and residents of a country purchase shares in a foreign companies.
(A)
FDI
(B)
FPI
(C)
HDI
(D)
None of these
Question-6
The term 'balance' in balance of trade refers to _______________
(A)
Credit plus debit
(B)
Credit multiply with debit
(C)
Credit minus debit
(D)
Credit divided with debit
Question-7
Appreciation makes ___________________ costlier.
(A)
Imports
(B)
Exports
(C)
Transfer of services
(D)
None of these
Question-8
_______________ are those receipt and payments which take place without any services in return for the current period in the balance of payments accounts.
(A)
Transfer payments
(B)
Unilateral transfers
(C)
Tradable transfers
(D)
None of these
Question-9
Economic transaction of a country includes ________________
(A)
Flow of economic goods
(B)
Flow of economic services
(C)
Flow of economic assets
(D)
All of these
Question-10
In accounting sense balance of payment should always be in __________________
(A)
Equilibrium
(B)
Disequilibrium
(C)
Intra-disequilibrium
(D)
None of these
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