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Bus Economics MCQs

M

Mr. Dubey • 51.17K Points
Coach

Q 1. ________________ of goods results in demand for foreign currency.

(A) sale in inter-national market
(B) export
(C) sale in domestic market
(D) import
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M

Mr. Dubey • 51.17K Points
Coach

Q 2. When the demand curve for foreign currency, intersects the supply curve, we get ________________ exchange rate.

(A) par
(B) discount
(C) equilibrium
(D) premium
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M

Mr. Dubey • 51.17K Points
Coach

Q 3. The function of foreign exchange market that helps in clearing international transactions is known as ________________.

(A) speculation
(B) hedging
(C) transfer
(D) credit
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M

Mr. Dubey • 51.17K Points
Coach

Q 4. ________________ is not a detect of flexible exchange rate.

(A) speculation
(B) structural unemployment
(C) stability in international monetary system
(D) discourages investments
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M

Mr. Dubey • 51.17K Points
Coach

Q 5. Forward market in foreign exchange refers to ________________ market.

(A) a long run
(B) a short run
(C) a spot
(D) short and long run
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M

Mr. Dubey • 51.17K Points
Coach

Q 6. Portfolio foreign investment is included in ________________ account of BoP.

(A) capital
(B) trade
(C) debit
(D) current
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M

Mr. Dubey • 51.17K Points
Coach

Q 7. ________________ is not a direct measures to correct BoP disequilibrium.

(A) tariffs
(B) devaluation of exchange rate
(C) import substitution
(D) quotas
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M

Mr. Dubey • 51.17K Points
Coach

Q 8. 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
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M

Mr. Dubey • 51.17K Points
Coach

Q 9. 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
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M

Mr. Dubey • 51.17K Points
Coach

Q 10. In the past several years, India's net invisibles were in ________________

(A) surplus
(B) deficit
(C) balance
(D) unbalance
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