Top 50+ Solved Bus Economics MCQ Questions Answer
Q. In the past several years, India's net invisibles were in ________________
a. surplus
b. deficit
c. balance
d. unbalance
Q. Private transfers on India's current account include ________________.
a. local withdrawal from nri rupee deposits
b. foreign currency deposits
c. foreign exchange reserves
d. portfolio investment
Q. The highest authority of WTO is ________________.
a. the dispute settlement body
b. the ministerial conference
c. the trade policy review body
d. the general council
Q. ________________ is not a direct measures to correct BoP disequilibrium.
a. tariffs
b. devaluation of exchange rate
c. import substitution
d. quotas
Q. Portfolio foreign investment is included in ________________ account of BoP.
a. capital
b. trade
c. debit
d. current
Q. Forward market in foreign exchange refers to ________________ market.
a. a long run
b. a short run
c. a spot
d. short and long run
Q. ________________ is not a detect of flexible exchange rate.
a. speculation
b. structural unemployment
c. stability in international monetary system
d. discourages investments
Q. The function of foreign exchange market that helps in clearing international transactions is known as ________________.
a. speculation
b. hedging
c. transfer
d. credit
Q. When the demand curve for foreign currency, intersects the supply curve, we get ________________ exchange rate.
a. par
b. discount
c. equilibrium
d. premium
Q. ________________ of goods results in demand for foreign currency.
a. sale in inter-national market
b. export
c. sale in domestic market
d. import