Balance of payments

Balance of payments

12th Grade

20 Qs

quiz-placeholder

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Balance of payments

Balance of payments

Assessment

Quiz

Other

12th Grade

Medium

Created by

rekha mahajan

Used 869+ times

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20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

which is systematic record ofall the economic transactions between one country and rest of the world

Balance of trade

Balance of transactions

Budget

Balance of payments

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

which one of the following items is an intangible item in balance of payments statement?

Export of food grain

import of crude oil

banking services provided in other countries

import of steel by steel industry

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Capital account may be

Private capital

Banking capital

official capital

all of them

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

current transaction are of which nature?

flow

stock

both a and b

none of above

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Current account of BOP records transactions is related to

exchange of goods

exchange of service

unilateral transactions

all of above

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Balance of trade is measuredas:

Dfference between import and export of goods

difference between import and export of services

Difference between import and export of capital

Difference betwee all import and all export

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

current account may be

visible items

invisible items

unilateral transactions

all of above

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