InterviewSolution
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InterviewSolution
This section includes InterviewSolutions, each offering curated multiple-choice questions to sharpen your knowledge and support exam preparation. Choose a topic below to get started.
| 101. |
Indian rupee is appreciated in terms of British pound because ofA. falling demand of poundsB. shortage of poundsC. more supply of Indian rupeesD. less demand for Indian rupees |
| Answer» Correct Answer - A | |
| 102. |
Depreciation of fixed capital assets refers toA. Normal wear and tearB. Foreseen obsolescenceC. Normal wear and tear and foreseen obsolescenceD. Unforeseen obsolescence |
| Answer» Correct Answer - C | |
| 103. |
Which of the following statement is true ?A. Loan from IMF is a Revenue ReceiptB. Higher revenue deficit necessarily leads to higher fiscal deficitC. Borrowing by a government represents a situation of fiscal deficitD. Revenue deficit is the excess of capital receipts over the revenue receipts |
| Answer» Correct Answer - A | |
| 104. |
In the context of Balance of Payment Account, state whether the following statements are true or false. Give reasons for your answer. (i) Profit received from investment abroad is recorded in capital account (ii) Import of machines is recorded in current account |
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Answer» (i) False, it is recorded in current account as it neither affects foreign exchange assets nor foreign exchange liabilities. (ii) True, all imports and exports of goods are recorded in trade account which is a part of current account, because it is simply import/export of a good |
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| 105. |
Which of the following is stock ?A. SavingsB. ProductionC. Consumption of fixed capitalD. Capital |
| Answer» Correct Answer - D | |
| 106. |
Primary deficit is equal toA. Fiscal Deficit less Interest PaymentB. Renenue Deficit less borrowingsC. Borrowings less Interest PaymentsD. Borrowings less Fiscal Deficit |
| Answer» Correct Answer - A | |
| 107. |
Which of the following is flow ?A. Deposits in a bankB. CapitalC. DpreciationD. Wealth |
| Answer» Correct Answer - C | |
| 108. |
What is managed floating rate? |
| Answer» Managed floating is a type of flexible exchange rate regime where the central is also allowed to intervene. | |
| 109. |
Managed floating exchange rate is influenced byA. GovernmentB. Central bankC. Commercial banksD. Exchange market |
| Answer» Correct Answer - A | |