BOP

Difference in the value of exports and imports of only visible items are called

• Balance of payment

• Balance of trade

• Balance of visible

• Balance of invisible

Imbalance in the account of balance of payments is referred to as

• Disequilibrium

• Equilibrium

• Equity

• All of the above

Difference between the value of services exported and imported

• Export trade

• Visible trade

• Invisible trade

• Invincible trade

When credit items are more than debit items in foreign trade, BOP shows

• Inflow of foreign exchange

• Outflow of foreign exchange

• Unilateral flow

• Bilateral flow

FDI, FPI form part of

• Current account

• Capital account

• Reserve account

• Errors and omissions

If India imports more goods from China

• India's BOP improves

• China's BOP declines

• India's BOP declines

• All of the above

If Australia imports more goods from India

• Australia's BOP improves

• India's BOP improves

• India's BOP declines

• Both BoP improves

which of the following are not current account transactions

• Imports payable

• External commercial borrowings

• Exports receivable

• All of the above

B= Rf - Pf.

Name the components in this equation

• BOP, Reserves, payments

• BOT, Receipts, Payments

• BOP, Receipts, Payments

• BOT, Reserves, Prudence

A control measure , which aims in making a country self -reliant .

• Export promotion

• Import substitution

• Import control

• Exchange control