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Economics
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Question-1
Balance of trade plus balance of invisible plus balance of transfers would be equal to ________________
(A)
Balance in current and capital accounts
(B)
Balance in capital accounts
(C)
Balance in current account
(D)
None of these
Question-2
Appreciation ______________ exports.
(A)
Reduces
(B)
Increases
(C)
Exports or imports remains same
(D)
None of these
Question-3
_______________ 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-4
Examples of unilateral transfer are ________________
(A)
Gifts
(B)
Donations
(C)
Relief funds
(D)
All 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
Current account in the terminology of balance of payments indicates ________________
(A)
Export of goods
(B)
Imports of goods
(C)
Unilateral transfers
(D)
All of these
Question-7
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-8
The debit side of the balance of payments shows the way of _________________
(A)
Acquiring foreign exchange
(B)
Disburshing foreign exchange
(C)
Maintaining foreign exchange
(D)
None of these
Question-9
Payments made by residents of a country to foreigners are known as ________________
(A)
Credits
(B)
Debits
(C)
Accounting balance
(D)
None of these
Question-10
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
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Plus 2 Humanities
ICSE/ISC
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