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Balance of Payments Test - 1
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  • Question 1/10
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    Which component of Balance of payment monitors the inflow and outflow of goods and services between countries?
  • Question 2/10
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    Which of the following is not the part of net invisibles of  Balance of Payments Current Account?
  • Question 3/10
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    The difference between the value of exports and value of imports of goods of a country in a given period of time is called _______.
  • Question 4/10
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    Invisible export means export of ________.
  • Question 5/10
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    Which of the following exchange rate is known as error prone swing?
  • Question 6/10
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    Which of the following foreign currecny exchange rate methodology is followed in India?
  • Question 7/10
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    Which of the following is not true in regard to the exchange rate of Indian Rupee ?
  • Question 8/10
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    When the exchange rate of a domestic currency is cut down by its government against any foreign currency is called
  • Question 9/10
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    The weighted average of exchange rate of rupee before the currencies of India's major trading partner is called ____________
  • Question 10/10
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    As a result of inflation, what happens to the real purchasing power of the salaried persons in the economy?
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