Which of the following statements is true. If exchange rate changes from $1 = Rs 72 to Rs 81.

A. Import will fall

B. Import will rise

C. Exports will rise

D. National Income will rise

E. National Income will fall

Choose the correct answer from the options given below:

Which of the following will not lead to flow of foreign currency into the home country.

Which combination among the following represents a Geopolitical challenge in the economy.

A. Rise in inflation due to war and other natural calamities.

B. Fluctuation in economic benchmarks due to unstable government.

C. Impacting Balance of Payment due to economic sanctions on a country.

D. Failure of a firm led to a reduction in profit making.

1. (A), (C) and (D) only
2. (A), (B), (C) and (D)
3. (A), (B) and (C) only
4. (A) and (D) only

In a situation of Balance of payments deficit, which of the following will be true?

Which of the following best defines 'Unilateral Transfers' in the context of international transactions?

Chronologically arrange the following in sequence:

(A) Smithsonian Agreement.

(B) Gold standard system of exchange.

(C) Gold was replaced by creating the Special Drawing Rights (SDR).

(D) Bretton woods conference.

Choose the correct answer from the options given below:

Which of the following is not an autonomous transaction of the balance of payments?