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Economics
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Question-1
_______________ refers to the investments undertaken by the firms belonging to other countries by acquiring control over them.
(A)
FDI
(B)
FPI
(C)
HDI
(D)
None of these
Question-2
________________ could be used for correcting the disequilibrium in the balance of payment situation.
(A)
Depreciation
(B)
Devaluation
(C)
Monetary policies
(D)
All of these
Question-3
People of LDC?s imitating the consumption pattern of the rich class is known as ________________
(A)
Ratchet effect
(B)
Demonstration effect
(C)
Demarcation effect
(D)
None of these
Question-4
_______________ 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-5
_______________ shows the change in the stock magnitude.
(A)
Capital accounts
(B)
Current accounts
(C)
Tradable accounts
(D)
All of these
Question-6
Balance of trade a ______________ concept.
(A)
Flow
(B)
Stock
(C)
Either stock or flow
(D)
None of these
Question-7
The value of export of goods and imports of the goods is known as _________________
(A)
balance of trade
(B)
Balance of payments
(C)
balance of transactions
(D)
All of these
Question-8
_________________ cannot be used for corresponding the equilibrium in the balance of payments.
(A)
Depreciation
(B)
Devaluation
(C)
Monetary policies
(D)
Fiscal policies
Question-9
If India exports value of goods worth $6500 cores and imports worth $8000 cores, the balance of trade would be ______________
(A)
$3000 crores
(B)
$2000 crores
(C)
$ 1250 crores
(D)
None of these
Question-10
The example of visible trade items in the current account of the balance of payments are ________________
(A)
Cars
(B)
Aluminum
(C)
Tea
(D)
All of these
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Plus 2 Humanities
ICSE/ISC
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