Related InterviewSolutions

• (i) International Economics is a specialized field of economics. (ii) Inflation and exchange rates are direct relationship.(a) Both (i) and (ii) are true (b) Both (i) and (ii) are false(c) (i) is false but (ii) is true (d) (i) is true but (ii) is false .
• International trade is regulated at present by …………(a) IBRD (b) WTO (c) OMF (d) GATT
• Balance of Trade means (a) Import and export of invisible items only (b) Import and export of both visible and invisible items (c) Import of visible items only (d) Import and export of visible items only
• If there is an imbalance in the trade balance (more imports than exports), it can be reduced by …………(a) Decreasing customs duties (b) Increasing export duties(c) Stimulating exports (d) Stimulating imports
• Components of balance of payments of a country includes ………. (a) Current account (b) Official account (c) Capital account(d) All of above
• BOP includes …………. (a) Visible items only (b) Invisible items only (c) Both visible and invisible items (d) Merchandise trade only
• Which of the following is correctly matched.(a) SDR – Special Drawing Rights (b) IMF – India Monetary Fund (c) BOP – Balance of Price (d) BOT – Balance of Technology
• ……….. means exports and imports may be exactly equal. (a) Balance of trade(b) Balance of payments(c) Balanced balance of Trade (d) Balanced balance of payments
• Imports of India may be divided into …………parts. (a) Two (b) Three(c) Four (d) Five
• In the case of BOT ……… (a) Transactions of goods are recorded. (b) Transactions of both goods and services are recorded. (c) Both capital and financial accounts are included. (d) All of these