Q. ________________ of goods results in demand for foreign currency.
✅ Correct Answer: (D)
import
Bus Economics MCQs and Notes
Q. When the demand curve for foreign currency, intersects the supply curve, we get ________________ exchange rate.
✅ Correct Answer: (C)
equilibrium
Q. The function of foreign exchange market that helps in clearing international transactions is known as ________________.
✅ Correct Answer: (C)
transfer
Q. ________________ is not a detect of flexible exchange rate.
✅ Correct Answer: (C)
stability in international monetary system
Q. Forward market in foreign exchange refers to ________________ market.
✅ Correct Answer: (D)
short and long run
Q. Portfolio foreign investment is included in ________________ account of BoP.
✅ Correct Answer: (A)
capital
Q. ________________ is not a direct measures to correct BoP disequilibrium.
✅ Correct Answer: (B)
devaluation of exchange rate
Q. The highest authority of WTO is ________________.
✅ Correct Answer: (B)
the ministerial conference
Q. Private transfers on India's current account include ________________.
✅ Correct Answer: (A)
local withdrawal from nri rupee deposits
Q. In the past several years, India's net invisibles were in ________________
✅ Correct Answer: (A)
surplus