Balance of payments

Balance of payments

Assessment

Flashcard

Other

12th Grade

Hard

Created by

Wayground Content

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20 questions

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1.

FLASHCARD QUESTION

Front

Balance of payment is measured as

Back

Difference between all receipts of foreign exchange and payment of foreign exchange

2.

FLASHCARD QUESTION

Front

Balance of trade is measured as

Back

Difference between import and export of goods

3.

FLASHCARD QUESTION

Front

In which of the following categories are there transactions of balance of trade recorded? Visible items, Invisible items, Capital transfers, All of these

Back

Visible items

4.

FLASHCARD QUESTION

Front

Current account records transactions relating to: Export and import of goods, Non factor and factor income, Current transfers.

Back

All of these

5.

FLASHCARD QUESTION

Front

Which of the following items related to BOP on capital account? Foreign investment, Loans, NRI remittances, All of these

Back

All of these

6.

FLASHCARD QUESTION

Front

Which of the following are not included in balance of trade? Payment of interest and dividend, Expenditure by tourists, Borrowing from rest of the world, All of these

Back

All of these

7.

FLASHCARD QUESTION

Front

If the value of visible exports exceeds the value of visible imports balance relates to;

Back

Balance of trade

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