Balance of Payments
Authored by Ranjan Ayyar
Social Studies
12th Grade
Used 1+ times
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10 questions
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1.
OPEN ENDED QUESTION
2 mins • Ungraded
Define BP{
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2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
BOP is a flow concept.
Yes
No
3.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Which of these lead to a credit in the BOP
import of goods
import of services
export of goods
unilateral transfer made to resident of another country
4.
FILL IN THE BLANKS QUESTION
45 sec • 1 pt
When i receive a gift from my uncle in the US in cash, it will lead to a (a) in the BOP
5.
MULTIPLE SELECT QUESTION
2 mins • 1 pt
Current account items include:
export and import of goods
export and import of services
international income payments and receipts
capital payments and receipts
6.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
When India takes a loan from IMF, it is a..
capital payment
capital receipt
transfer payment
transfer receipt
7.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Balance of Trade is calculated as:
exports - imports
exports of visibles - import of visibles
Exports of goods and services - import of goods and services
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