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WorksheetsBOP
Total questions: 10
Worksheet time: 5mins
Difference in the value of exports and imports of only visible items are called
Balance of payment
Balance of trade
Balance of visible
Balance of invisible
Imbalance in the account of balance of payments is referred to as
Disequilibrium
Equilibrium
Equity
All of the above
Difference between the value of services exported and imported
Export trade
Visible trade
Invisible trade
Invincible trade
When credit items are more than debit items in foreign trade, BOP shows
Inflow of foreign exchange
Outflow of foreign exchange
Unilateral flow
Bilateral flow
FDI, FPI form part of
Current account
Capital account
Reserve account
Errors and omissions
If India imports more goods from China
India's BOP improves
China's BOP declines
India's BOP declines
All of the above
If Australia imports more goods from India
Australia's BOP improves
India's BOP improves
India's BOP declines
Both BoP improves
which of the following are not current account transactions
Imports payable
External commercial borrowings
Exports receivable
All of the above
B= Rf - Pf.
Name the components in this equation
BOP, Reserves, payments
BOT, Receipts, Payments
BOP, Receipts, Payments
BOT, Reserves, Prudence
A control measure , which aims in making a country self -reliant .
Export promotion
Import substitution
Import control
Exchange control
