Balance of payments

Balance of trade is measure as

• Difference between import and export of goods

• Difference between import and export of services

• Difference between import and export of capital

• Difference between all exports and all imports

If the value of visible exports exceeds the value of visible imports balance relates to;

• Current account BOP

• Capital account BOP

• Balance of trade

• None of these

Which of the following items related to BOP on capital account?

• Foreign investment

• Loans

• NRI remittances

• All of these

Which of the following are not included in balance of trade?

• Payment of interest and dividend

• Expenditure by tourists

• Borrowing from rest of the world

• All of these

What is difference between the value of exports of goods and value of imports of goods called

• Balance of payment

• Balance of trade

• Disinvestment

• All of these

Exports = rupees 1000 lakh imports = 16 50 lakh, balance of trade shows

• Surplus of rupees 650 lakh

• Deficit of rupees 650 lakh

• Balance of rupees 2650 lakh

• None of these

Suppose in BOP occurs when

• Receipts =payments

• Receipts < payments

• Receipts > payments

• Both a and c

Balance of trade is a part of

• Current account BOP

• Capital account BOP

• Official reserves account

• None of these

If balance of trade is showing deficit of rupees 200 crore and value of imports is rupees 900 crore, then, the value of exports would be

• Rupees 200 crore

• Rupees 500 crore

• Rupees 700 crore

• Rupees 900 crore

Disequilibrium in Balance of payments leads to:

• Increase or decrease in official reserves with RBI

• Increase or decrease in rate of commercial banks

• Both A and B

• None of these