General Economics 2 solved MCQs
1 of 8
1. Trade as an engine of growth was propounded by :
2. A decrease in the domestic currency price of foreign currency is:
3. Normal rate quoted in foreign exchange market is:
4. Balance of payment consist of:
5. Invisible item are the part of ‐‐‐‐‐‐ account of balance of payment.
6. Devaluation of currency may result in:
7. Balance of payment take in to account:
8. A fall in the price of Rupee in terms of foreign exchange is termed as:
9. Transaction in travel, transportation and insurance between countries is included under:
10. Which of the following transaction is debit in balance of payment;
11. Which is the component of capital account of balance of payment:
12. Under fixed exchange rate system, when domestic currency is moved to a higher parity in terms of vehicle currency is:
13. Which one of the following is correct when there is under valuation of domestic currency:
14. In balance of payment , if current account registers a deficit, the capital and financial account must register a:
15. In all balance of payment accounts, there are a fictitious head of account called:
16. Balance on merchandise and service trade is called:
17. When demand for US dollars increases under flexible exchange rate system, then:
18. An economic transaction is entered in the balance of payment as a credit, if it leads to:
19. Remittances foe abroad is included in which account of balance of payment:
20. Assertion (A) : Devaluation in general is resorted to increase the exports. Reason (R) : It makes exports cheaper.
21. The continuous deficit in the balance of payments of India is due to
22. The ongoing weakening of Rupee against Dollar will cause
23. If the Rupees per Dollar($) exchange rate changes from Rs 44 to 46 in an year by the market force, it implies
24. Public finance is said to be:
25. All the accounts of public authority are subject to:
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