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Economics
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Question-1
_______________ deals with the records on all international economic transactions relating to the change in assets.
(A)
Capital account
(B)
Current account
(C)
Tradable account
(D)
None of these
Question-2
Capital account of the balance of payments covers ________________
(A)
Change in physical assets
(B)
Change in financial assets
(C)
short term and long term capital
(D)
All of these
Question-3
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-4
In accounting sense balance of payment should always be in __________________
(A)
Equilibrium
(B)
Disequilibrium
(C)
Intra-disequilibrium
(D)
None of these
Question-5
Balance of payments deficit or surplus refers to balance in ________________
(A)
Current account
(B)
capital account
(C)
Current or capital account
(D)
None of these
Question-6
Non-trade flows of factors income aboard includes ________________
(A)
Interest
(B)
Profits
(C)
Wages
(D)
All of these
Question-7
The record of transactions among counties is known as __________________
(A)
Balance of payments
(B)
Balance of trade
(C)
Trade balance
(D)
None of these
Question-8
The balance of current account includes ________________
(A)
Visibles
(B)
Invisibles
(C)
Transfers
(D)
All of these
Question-9
Depreciation _________________ imports.
(A)
Reduces
(B)
Increases
(C)
Expots or imports remains same
(D)
None of these
Question-10
Depreciation makes _______________ costlier.
(A)
Imports
(B)
Exports
(C)
Transfer of services
(D)
None of these
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Plus 2 Humanities
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