CUET Economics - Macro - Balance Of Payments | Free Questions

Q1:

3 June Shift 2

Macro

>

Medium

Q1:

$524$ million

$-38$ million

$-90$ million

$114$ million

Correct Answer

Option 2

Correct Answer

Explanation →

Q2:

3 June Shift 2

Macro

>

Medium

Q2:

Receipts > Payments

Receipts = Payments

Receipts < Payments

Constant Receipts and Payments

Correct Answer

Option 3

Correct Answer

Explanation →

Q3:

3 June Shift 2

Macro

>

Medium

Q3:

Factor income.

Non-factor Income.

Transfer Payments.

Capital Account.

Correct Answer

Option 2

Correct Answer

Explanation →

Q4:

3 June Shift 2

Macro

>

Easy

Q4:

Surplus Balance of Trade.

Balanced Trade.

Trade Balance.

Deficit Balance of Trade.

Correct Answer

Option 1

Correct Answer

Explanation →

Q5:

3 June Shift 2

Macro

>

Easy

Q5:

$120.5$ million.

$-120.5$ million.

$-4.5$ million.

$4.5$ million.

Correct Answer

Option 3

Correct Answer

Explanation →

Q6:

3 June Shift 1

Macro

>

Hard

Q6:

(B), (C), (A), (D)

(A), (B), (C), (D)

(B), (A), (D), (C)

(B), (D), (C), (A)

Correct Answer

Option 4

Correct Answer

Explanation →

Q7:

3 June Shift 1

Macro

>

Medium

Q7:

(A), (C) and (D) only

(A), (B) and (D) only

(A), (B), (C) and (D)

(B), (C) and (D) only

Correct Answer

Option 1

Correct Answer

Explanation →

Q8:

3 June Shift 1

Macro

>

Easy

Q8:

Depreciation of domestic currency.

Appreciation of domestic currency.

Devaluation of domestic currency.

Revaluation of domestic currency.

Correct Answer

Option 2

Correct Answer

Explanation →

Q9:

3 June Shift 1

Macro

>

Medium

Q9:

Funds transferred internationally as loans for a specified tenure and interest rate.

Trade transactions involving goods and services between two countries.

Payments made by one party without expecting any return in the future.

Investments made by a country in the stock market of another country.

Correct Answer

Option 3

Correct Answer

Explanation →

Q10:

3 June Shift 1

Macro

>

Medium

Q10:

Accomodating

Autonomous

Current account

Capital account

Correct Answer

Option 2

Correct Answer

Explanation →

Q11:

2 June Shift 1

Macro

>

Medium

Q11:

(A) and (B) only

(B) and (C) only

(C) and (D) only

(A) and (D) only

Correct Answer

Option 4

Correct Answer

Explanation →

Q12:

2 June Shift 1

Macro

>

Medium

Q12:

BOP is said to be in surplus if autonomous receipts are greater than autonomous payments.

These are also known as below the line items.

These only occur in capital account of BOP.

These items are done to correct the imbalance of BOP.

Correct Answer

Option 1

Correct Answer

Explanation →

Q13:

2 June Shift 1

Macro

>

Medium

Q13:

(A), (B), (C), (D)

(C), (B), (D), (A)

(B), (A), (D), (C)

(A), (B), (D), (C)

Correct Answer

Option 2

Correct Answer

Explanation →

Q14:

2 June Shift 1

Macro

>

Medium

Q14:

(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

(A) - (I), (B) - (II), (C) - (III), (D) - (IV)

(A) - (II), (B) - (IV), (C) - (I), (D) - (III)

(A) - (IV), (B) - (I), (C) - (II), (D) - (III)

Correct Answer

Option 1

Correct Answer

Explanation →

Q15:

2 June Shift 1

Macro

>

Easy

Q15:

Income and the expenditure of the government.

Inflow and outflow of the funds of the government.

Inflow and outflow of visible items into/ from the rest of the world.

Inflow/ outflow of foreign exchange to/ from the economy.

Correct Answer

Option 4

Correct Answer

Explanation →

Q16:

31 May Shift 1

Macro

>

Medium

Q16:

(D), (B), (C), (A)

(D), (C), (B), (A)

(D), (A), (B), (C)

(D), (B), (A), (C)

Correct Answer

Option 3

Correct Answer

Explanation →

Q17:

31 May Shift 1

Macro

>

Medium

Q17:

(A), (B) and (D) only

(A), (B) and (C) only

(A), (B), (C) and (D)

(B), (C) and (D) only

Correct Answer

Option 3

Correct Answer

Explanation →

Q18:

31 May Shift 1

Macro

>

Medium

Q18:

Official reserve sale.

Balance of payments deficit.

Balance of payments surplus.

Balance of trade.

Correct Answer

Option 1

Correct Answer

Explanation →

Q19:

31 May Shift 1

Macro

>

Medium

Q19:

(A), (B), (D), (C).

(A), (B), (C), (D)

(B), (C), (A), (D)

(D), (B), (C), (A).

Correct Answer

Option 2

Correct Answer

Explanation →

Q20:

30 May Shift 2

Macro

>

Medium

Q20:

Fixed Exchange Rate.

Flexible Exchange Rate.

Managed Floating Exchange Rate.

Speculation.

Correct Answer

Option 3

Correct Answer

Explanation →

Q21:

30 May Shift 2

Macro

>

Medium

Q21:

(A), (B), (C), (D)

(B), (A), (C), (D)

(B), (A), (D), (C)

(C), (B), (D), (A)

Correct Answer

Option 1

Correct Answer

Explanation →

Q22:

30 May Shift 2

Macro

>

Easy

Q22:

Transfer Payments.

Net Factor Income.

Trade in Goods.

Net Non-factor Income.

Correct Answer

Option 1

Correct Answer

Explanation →

Q23:

30 May Shift 2

Macro

>

Medium

Q23:

Output Market.

Money Market.

Financial Market.

Labour Market.

Correct Answer

Option 2

Correct Answer

Explanation →

Q24:

30 May Shift 1

Macro

>

Easy

Q24:

Imports and exports of goods.

Transaction of capital and financial assets.

Income from investment.

Unilateral transfers.

Correct Answer

Option 2

Correct Answer

Explanation →

Q25:

30 May Shift 1

Macro

>

Medium

Q25:

Records trade in goods.

Reflects errors in data.

Stabilize the currency and manage BOP imbalance.

Attracts foreign investment.

Correct Answer

Option 3

Correct Answer

Explanation →

Q26:

30 May Shift 1

Macro

>

Medium

Q26:

Currency appreciation.

Increased reserves.

Dependence on foreign borrowings.

Trade surplus.

Correct Answer

Option 3

Correct Answer

Explanation →

Q27:

30 May Shift 1

Macro

>

Medium

Q27:

Transactions within a country.

Transactions between two countries.

Economic transactions between residents of a country and rest of the world.

Transfers in goods only.

Correct Answer

Option 3

Correct Answer

Explanation →

Q28:

30 May Shift 1

Macro

>

Easy

Q28:

Promoting exports and attracting investment.

Increasing imports.

Stopping trade with other countries.

Increasing domestic borrowings.

Correct Answer

Option 1

Correct Answer

Explanation →

Q29:

29 May Shift 2

Macro

>

Medium

Q29:

Managed floating.

Official reserve transactions.

Balance of payments.

Autonomous and accommodating transactions.

Correct Answer

Option 1

Correct Answer

Explanation →

Q30:

29 May Shift 2

Macro

>

Medium

Q30:

Revaluated.

Appreciated.

Depreciated.

Devaluated.

Correct Answer

Option 3

Correct Answer

Explanation →

Q31:

29 May Shift 2

Macro

>

Medium

Q31:

Trading Account.

Financial Account.

Current Account.

Errors and Omissions.

Correct Answer

Option 2

Correct Answer

Explanation →

Q32:

29 May Shift 2

Macro

>

Medium

Q32:

(A), (B) and (D) only

(A), (C) and (D) only

(A), (B), (C) and (D)

(B), (C) and (D) only

Correct Answer

Option 2

Correct Answer

Explanation →

Q33:

29 May Shift 2

Macro

>

Medium

Q33:

(A), (B) and (C) only

(A), (B) and (D) only

(B), (C) and (D) only

(A), (B), (C) and (D)

Correct Answer

Option 4

Correct Answer

Explanation →

Q34:

29 May Shift 1

Macro

>

Medium

Q34:

Current Account transactions.

Autonomous Transactions.

Accomodating transactions.

All international transactions.

Correct Answer

Option 3

Correct Answer

Explanation →

Q35:

29 May Shift 1

Macro

>

Medium

Q35:

Devaluation.

Depriciation.

Appreciation.

Revaluation.

Correct Answer

Option 1

Correct Answer

Explanation →

Q36:

29 May Shift 1

Macro

>

Medium

Q36:

Political instability.

Large Imports.

Low Domestic price.

Change in taste and Fashion.

Correct Answer

Option 3

Correct Answer

Explanation →

Q37:

29 May Shift 1

Macro

>

Medium

Q37:

Borrowings from abroad.

Investment to abroad.

Increase in Foreign Exchange reserves.

Factor Income receipt from abroad.

Correct Answer

Option 4

Correct Answer

Explanation →

Q38:

29 May Shift 1

Macro

>

Medium

Q38:

(B), (D), (A), (C)

(A), (C), (B), (D)

(B), (A), (D), (C)

(C), (B), (D), (A)

Correct Answer

Option 1

Correct Answer

Explanation →

Q39:

28 May Shift 2

Macro

>

Medium

Q39:

International Monetary System.

International Monetary Fund.

Central Bank.

World Bank.

Correct Answer

Option 1

Correct Answer

Explanation →

Q40:

28 May Shift 2

Macro

>

Medium

Q40:

Fixed Exchange Rate System.

Flexible Exchange Rate System.

Managed Floating system.

Fixed Floating System.

Correct Answer

Option 1

Correct Answer

Explanation →

Q41:

28 May Shift 2

Macro

>

Medium

Q41:

Depreciation.

Devaluation.

Revaluation.

Appreciation.

Correct Answer

Option 2

Correct Answer

Explanation →

Q42:

28 May Shift 2

Macro

>

Medium

Q42:

(B), (A), (C), (D)

(A), (B), (C), (D)

(B), (A), (D), (C)

(C), (B), (D), (A)

Correct Answer

Option 4

Correct Answer

Explanation →

Q43:

28 May Shift 1

Macro

>

Medium

Q43:

Reserves Change

Overall Balance

Errors and Omissions

Other Flows

Correct Answer

Option 3

Correct Answer

Explanation →

Q44:

28 May Shift 1

Macro

>

Medium

Q44:

(B), (A), (D), (C).

(D), (A), (C), (B).

(C), (A), (D), (B).

(C), (B), (D), (A).

Correct Answer

Option 4

Correct Answer

Explanation →

Q45:

28 May Shift 1

Macro

>

Easy

Q45:

Decrease.

Constant.

Increase.

Maybe an increase or maybe decrease.

Correct Answer

Option 3

Correct Answer

Explanation →

Q46:

28 May Shift 1

Macro

>

Medium

Q46:

The reserve bank sells foreign exchange when there is a deficit.

The International Monetary Fund sells foreign exchange when there is a deficit.

Net consequences of autonomous transactions.

The agreement in which national currencies are traded for one another.

Correct Answer

Option 1

Correct Answer

Explanation →

Q47:

28 May Shift 1

Macro

>

Medium

Q47:

(A) - (I), (B) - (II), (C) - (IV), (D) - (III)

(A) - (I), (B) - (II), (C) - (III), (D) - (IV)

(A) - (II), (B) - (III), (C) - (IV), (D) - (I)

(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

Correct Answer

Option 3

Correct Answer

Explanation →

Q48:

28 May Shift 1

Macro

>

Medium

Q48:

Exports and Imports of visible items only.

Exports and imports of visible and invisible items and external borrowings.

Exports and imports of goods & services plus transfer payments.

Short Term Debt.

Correct Answer

Option 3

Correct Answer

Explanation →

Q49:

28 May Shift 1

Macro

>

Medium

Q49:

Within the range of the acceptable inflation rate.

Price rise of basic consumption item is not in control.

Price of items for daily consumption are growing in such a manner that they are manageable through implementing policy tools if need arises.

No price rise has been witnessed.

Correct Answer

Option 1

Correct Answer

Explanation →

Q50:

28 May Shift 1

Macro

>

Medium

Q50:

(A), (C) and (D) only

(A), (B), (C) and (D)

(A), (B) and (C) only

(A) and (D) only

Correct Answer

Option 3

Correct Answer

Explanation →

Q51:

28 May Shift 1

Macro

>

Medium

Q51:

Reserve is sufficient to purchase goods and services from abroad.

Anticipated demand for foreign goods and services can be met through incumbent foreign exchange reserve.

Supply of foreign reserves is more than demand of foreign reserves.

Government is confident about present and future need of foreign reserve.

Correct Answer

Option 2

Correct Answer

Explanation →

Q52:

28 May Shift 1

Macro

>

Easy

Q52:

Export = Import

Export > Import

Export < Import

Export- (Import + external borrowing) = 0

Correct Answer

Option 3

Correct Answer

Explanation →

Q53:

27 May Shift 2

Macro

>

Medium

Q53:

Resident dealers.

Foreign exchange dealers.

Monetary authorities.

Commercial banks.

Correct Answer

Option 1

Correct Answer

Explanation →

Q54:

27 May Shift 2

Macro

>

Easy

Q54:

Foreign exchange rate.

Foreign trade.

Trading centres.

Foreign exchange market.

Correct Answer

Option 4

Correct Answer

Explanation →

Q55:

27 May Shift 2

Macro

>

Easy

Q55:

Commercial banks.

Foreign Exchange Rate.

Foreign Exchange Market.

Monetary authorities.

Correct Answer

Option 2

Correct Answer

Explanation →

Q56:

27 May Shift 2

Macro

>

Easy

Q56:

Rupees for his stay.

Dollars for his stay.

Pounds for his stay.

Euros for his stay.

Correct Answer

Option 1

Correct Answer

Explanation →

Q57:

27 May Shift 2

Macro

>

Easy

Q57:

Rs. 150

Rs. 100

Rs. 3

Rs. 50

Correct Answer

Option 4

Correct Answer

Explanation →

Q58:

26 May Shift 2

Macro

>

Medium

Q58:

Will Fall.

Will Rise.

Remains unaffected.

May rise or fall.

Correct Answer

Option 1

Correct Answer

Explanation →

Q59:

26 May Shift 2

Macro

>

Medium

Q59:

National income is likely to fall.

National income is likely to rise.

National income will remain unaffected.

National income will initially fall and then rise.

Correct Answer

Option 2

Correct Answer

Explanation →

Q60:

26 May Shift 2

Macro

>

Medium

Q60:

Leftward shift in the demand curve of foreign exchange.

Rightward sift in the demand curve of the foreign exchange.

Depreciation of domestic currency.

Appreciation of foreign currency.

Correct Answer

Option 1

Correct Answer

Explanation →

Q61:

26 May Shift 2

Macro

>

Medium

Q61:

Appreciating.

Depreciating.

Initially appreciating and then depreciating.

Initially depreciating and then appreciating.

Correct Answer

Option 2

Correct Answer

Explanation →

Q62:

26 May Shift 2

Macro

>

Medium

Q62:

Depciates.

Appreciates.

May or may not depreciate.

Initially appreciates and then depreciate.

Correct Answer

Option 3

Correct Answer

Explanation →

Q63:

22 May Shift 2

Macro

>

Medium

Q63:

Exports by a country lead to the purchase of its domestic goods and services by the foreigners.

Peope want to purchase goods and services from other countries.

Foreigners send gifts or make transfers.

The assets of a home country are bought by the foreigners.

Correct Answer

Option 2

Correct Answer

Explanation →

Q64:

22 May Shift 2

Macro

>

Medium

Q64:

Moderate floating.

Dirty floating.

Flexible exchange rate.

Fixed exchange rate.

Correct Answer

Option 2

Correct Answer

Explanation →

Q65:

22 May Shift 2

Macro

>

Medium

Q65:

(D), (B), (C), (A)

(A), (C), (B), (D)

(B), (A), (D), (C)

(C), (B), (D), (A)

Correct Answer

Option 1

Correct Answer

Explanation →

Q66:

22 May Shift 2

Macro

>

Medium

Q66:

Revaluation.

Appreciation.

Depreciation.

Devaluation.

Correct Answer

Option 3

Correct Answer

Explanation →

Q67:

22 May Shift 2

Macro

>

Easy

Q67:

Current account and Fixed account.

Capital account and fixed account.

Budget account and Flexible account.

Current account and capital account.

Correct Answer

Option 4

Correct Answer

Explanation →

Q68:

22 May Shift 1

Macro

>

Medium

Q68:

Errors and omissions.

Accommodating transactions.

Autonomous transactions.

Official reserve sale.

Correct Answer

Option 3

Correct Answer

Explanation →

Q69:

22 May Shift 1

Macro

>

Medium

Q69:

(A), (B), (C), (D)

(A), (C), (B), (D)

(B), (A), (D), (C)

(C), (B), (D), (A)

Correct Answer

Option 3

Correct Answer

Explanation →

Q70:

22 May Shift 1

Macro

>

Easy

Q70:

Fixed Exchange Rate.

Floating Exchange Rate.

Managed Floating Exchange Rate.

Foreign Exchange Rate.

Correct Answer

Option 2

Correct Answer

Explanation →

Q71:

22 May Shift 1

Macro

>

Medium

Q71:

(A), (B), (C), (D)

(A), (C), (B), (D)

(B), (A), (D), (C)

(A), (D), (B), (C)

Correct Answer

Option 4

Correct Answer

Explanation →

Q72:

21 May Shift 1

Macro

>

Medium

Q72:

Fixed exchange rate.

Flexible exchange rate.

Managed floating.

Gold Standard.

Correct Answer

Option 3

Correct Answer

Explanation →

Q73:

21 May Shift 1

Macro

>

Medium

Q73:

(C), (A), (D), (B)

(B), (C), (A), (D)

(B), (A), (D), (C)

(C), (B), (D), (A)

Correct Answer

Option 1

Correct Answer

Explanation →

Q74:

21 May Shift 1

Macro

>

Medium

Q74:

Net investment income.

Gifts, grants and remittances.

Net income from compensation of employees.

Offshore funds.

Correct Answer

Option 4

Correct Answer

Explanation →

Q75:

21 May Shift 1

Macro

>

Medium

Q75:

Depreciation of domestic currency.

Appreciation of domestic currency.

Devaluation of domestic currency.

Revaluation of domestic currency.

Correct Answer

Option 3

Correct Answer

Explanation →

Q76:

21 May Shift 1

Macro

>

Medium

Q76:

Current account on the debit side.

Current account on the credit side.

Capital account on the debit side.

Capital account on the credit side.

Correct Answer

Option 1

Correct Answer

Explanation →

Q77:

16 May Shift 1

Macro

>

Medium

Q77:

External commercial borrowings

Exports

Official reserve transactions

Foreign direct investment

Correct Answer

Option 3

Correct Answer

Explanation →

Q78:

16 May Shift 1

Macro

>

Medium

Q78:

current account, debit side

current account, credit side

capital account, debit side

capital account, credit side

Correct Answer

Option 3

Correct Answer

Explanation →

Q79:

16 May Shift 1

Macro

>

Medium

Q79:

Autonomous receipts > Accommodating receipts

accommodating receipts > accommodating payments

total international receipts > total international payments

autonomous receipts > autonomous payments

Correct Answer

Option 4

Correct Answer

Explanation →

Q80:

16 May Shift 1

Macro

>

Medium

Q80:

Official reserves will increase

Official reserves will fall.

Official reserves will not be affected.

There will be an increase in international lending of the economy.

Correct Answer

Option 2

Correct Answer

Explanation →

Q81:

16 May Shift 1

Macro

>

Hard

Q81:

They are termed 'below the line' items.

These are determined by the gap in the balance of payments.

They are independent of the state of BoP.

They are made to bridge the gap in the BoP.

Correct Answer

Option 3

Correct Answer

Explanation →

Q82:

15 May Shift 1

Macro

>

Medium

Q82:

A balance of trade surplus always implies a balance of payments surplus.

Balance of current account is always greater than balance of trade.

A balance of payments deficit implies a current account surplus.

Any current account deficit must be financed by a capital account surplus.

Correct Answer

Option 4

Correct Answer

Explanation →

Q83:

15 May Shift 1

Macro

>

Medium

Q83:

Export of merchandise.

Remittances received from Japan.

Purchase of IT services from the USA.

Purchase of shares of a foreign company by an Indian resident.

Correct Answer

Option 4

Correct Answer

Explanation →

Q84:

15 May Shift 1

Macro

>

Hard

Q84:

(A), (B), (C), (D)

(D), (C), (B), (A)

(D), (A), (B), (C)

(C), (B), (D), (A)

Correct Answer

Option 3

Correct Answer

Explanation →

Q85:

15 May Shift 1

Macro

>

Medium

Q85:

Exchange rates are prone to speculative attack on a currency.

Movements in the exchange rate automatically take care of the surpluses and deficits in the BoP.

Countries gain independence in conducting their monetary policies.

Large stocks of foreign exchange reserves are not required.

Correct Answer

Option 1

Correct Answer

Explanation →

Q86:

15 May Shift 1

Macro

>

Medium

Q86:

Indian investors investing abroad.

Foreign direct investment from abroad.

Import of machines from abroad.

Repayment of loans.

Correct Answer

Option 2

Correct Answer

Explanation →

Q87:

14 May Shift 1

Macro

>

Easy

Q87:

Rs. 5,000

Rs. 1,000

Rs. 85,000

Rs. 80,000

Correct Answer

Option 1

Correct Answer

Explanation →

Q88:

14 May Shift 1

Macro

>

Medium

Q88:

(A) - (I), (B) - (II), (C) - (III), (D) - (IV)

(A) - (I), (B) - (III), (C) - (II), (D) - (IV)

(A) - (I), (B) - (II), (C) - (IV), (D) - (III)

(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

Correct Answer

Option 4

Correct Answer

Explanation →

Q89:

14 May Shift 1

Macro

>

Medium

Q89:

International Transactions

Errors and Omissions

Accommodating Transactions

Autonomous Transactions

Correct Answer

Option 4

Correct Answer

Explanation →

Q90:

14 May Shift 1

Macro

>

Medium

Q90:

Banking

Shipping

Machinery

Tourism

Correct Answer

Option 3

Correct Answer

Explanation →

Q91:

13 May Shift 2

Macro

>

Medium

Q91:

(A) - (I), (B) - (II), (C) - (III), (D) - (IV)

(A) - (I), (B) - (III), (C) - (II), (D) - (IV)

(A) - (I), (B) - (II), (C) - (IV), (D) - (III)

(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

Correct Answer

Option 4

Correct Answer

Explanation →

Q92:

13 May Shift 2

Macro

>

Easy

Q92:

Appreciation of the domestic currency.

Devaluation of domestic currency.

Depreciation of domestic currency.

Dirty floating.

Correct Answer

Option 3

Correct Answer

Explanation →

Q93:

13 May Shift 2

Macro

>

Easy

Q93:

Managed Floating exchange rate.

Flexible Exchange rate.

Fixed Exchange rate.

Open market operation.

Correct Answer

Option 1

Correct Answer

Explanation →

Q94:

13 May Shift 2

Macro

>

Easy

Q94:

Appreciation of Domestic currency.

Depreciation of Domestic currency.

Dirty Floating.

Devaluation of Domestic Currency.

Correct Answer

Option 4

Correct Answer

Explanation →

Q95:

13 May Shift 2

Macro

>

Easy

Q95:

Appreciation of domestic currency.

Devaluation of domestic currency.

No change in domestic currency rate.

Depreciation of domestic currency.

Correct Answer

Option 4

Correct Answer

Explanation →

Q96:

13 May Shift 2

Macro

>

Easy

Q96:

Foreign Exchange Market.

Commercial Bank.

Investment Bank.

Money Market.

Correct Answer

Option 1

Correct Answer

Explanation →

Q97:

13 May Shift 1

Macro

>

Medium

Q97:

Official reserve sale.

Portfolio Investment.

Net Invisibles.

Net factor income.

Correct Answer

Option 1

Correct Answer

Explanation →

Q98:

13 May Shift 1

Macro

>

Easy

Q98:

Injection in the economy.

Exchange rate market.

Leakages from economy.

Direct investment.

Correct Answer

Option 3

Correct Answer

Explanation →

Q99:

13 May Shift 1

Macro

>

Medium

Q99:

Current Account.

Capital Account

Capital Market

Net Invisibles.

Correct Answer

Option 2

Correct Answer

Explanation →

Q100:

13 May Shift 1

Macro

>

Easy

Q100:

Balance of Trade

Balance of Payment

Capital Account Deficit

Net Invisibles.

Correct Answer

Option 1

Correct Answer

Explanation →

Q101:

CUET Economics 2024 Slot 1

Macro

>

Easy

Q101:

Depreciation of domestic currency

Appreciation of domestic currency

Devaluation of domestic currency

Revaluation of domestic currency

Correct Answer

Option 2

Correct Answer

Explanation →

Q102:

CUET Economics 2024 Slot 1

Macro

>

Medium

Q102:

(A) - (II), (B) - (I), (C) - (III), (D) - (IV)

(A) - (II), (B) - (III), (C) - (I), (D) - (IV)

(A) - (I), (B) - (II), (C) - (IV), (D) - (III)

(A) - (III), (B) - (IV), (C) - (II), (D) - (I)

Correct Answer

Option 2

Correct Answer

Explanation →

Q103:

CUET Economics 2024 Slot 1

Macro

>

Hard

Q103:

(A), (B), (C), (D)

(D), (B), (A), (C)

(D), (A), (B), (C)

(C), (B), (D), (A)

Correct Answer

Option 2

Correct Answer

Explanation →

Q104:

CUET Economics 2023 Slot 6

Macro

>

Medium

Q104:

A-III, B-I, C-IV, D-II

A-I, B-II, C-III, D-IV

A-III, B-IV, C-II, D-I

A-IV, B-II, C-I, D-III

Correct Answer

Option 1

Correct Answer

Explanation →

Q105:

CUET Economics 2023 Slot 6

Macro

>

Easy

Q105:

RBI

Govt

Market forces

IMF

Correct Answer

Option 3

Correct Answer

Explanation →

Q106:

CUET Economics 2023 Slot 6

Macro

>

Easy

Q106:

Indian Bank for Reconstruction

Indian Bank for Rural Development

International Bank for Rural Development

International Bank for Reconstruction and Development

Correct Answer

Option 4

Correct Answer

Explanation →

Q107:

CUET Economics 2023 Slot 6

Macro

>

Easy

Q107:

Gold rates of other country

Another currency

Income of the country

FDI from other country

Correct Answer

Option 2

Correct Answer

Explanation →

Q108:

CUET Economics 2023 Slot 6

Macro

>

Easy

Q108:

State Bank of India

Reserve Bank Of India

World Bank

International Monetary Fund

Correct Answer

Option 3

Correct Answer

Explanation →

Q109:

CUET Economics 2023 Slot 5

Macro

>

Medium

Q109:

Credit side of current account

Debit side of current account

Credit side of capital account

Debit side of capital account

Correct Answer

Option 2

Correct Answer

Explanation →

Q110:

CUET Economics 2023 Slot 5

Macro

>

Easy

Q110:

A horizontal line parallel to x-axis

A vertical line parallel to y-axis

An upward sloping line

A downward sloping line

Correct Answer

Option 3

Correct Answer

Explanation →

Q111:

CUET Economics 2023 Slot 5

Macro

>

Easy

Q111:

Surplus

Deficit

Balanced

Equilibrium

Correct Answer

Option 2

Correct Answer

Explanation →

Q112:

CUET Economics 2023 Slot 5

Macro

>

Easy

Q112:

Capital

Current

Saving

Recurring

Correct Answer

Option 2

Correct Answer

Explanation →

Q113:

CUET Economics 2023 Slot 4

Macro

>

Medium

Q113:

(A), (B), (C) and (D) Only

(A), (B) and (C) Only

(A), (B) and (D) Only

(A), (C) and (D) Only

Correct Answer

Option 1

Correct Answer

Explanation →

Q114:

CUET Economics 2023 Slot 4

Macro

>

Easy

Q114:

Depreciation

Devaluation

Appreciation

Revaluation

Correct Answer

Option 2

Correct Answer

Explanation →

Q115:

CUET Economics 2023 Slot 4

Macro

>

Medium

Q115:

(A), (D), (C) Only

(D), (B), (A) Only

(B), (C), (E) Only

(B), (A), (D) Only

Correct Answer

Option 3

Correct Answer

Explanation →

Q116:

CUET Economics 2023 Slot 4

Macro

>

Medium

Q116:

Credit, Current

Debit, Current

Credit, Capital

Debit, Capital

Correct Answer

Option 2

Correct Answer

Explanation →

Q117:

CUET Economics 2023 Slot 4

Macro

>

Medium

Q117:

Dirty floating transactions

Accommodating transactions

Availability transactions

Managed floating transactions

Correct Answer

Option 2

Correct Answer

Explanation →

Q118:

CUET Economics 2023 Slot 3

Macro

>

Easy

Q118:

When people of home country want to send gifts abroad

When people of home country want to purchase financial assets abroad

Imports increase

Exports increase

Correct Answer

Option 4

Correct Answer

Explanation →

Q119:

CUET Economics 2023 Slot 3

Macro

>

Medium

Q119:

(C) & (D) Only

(D) & (E) Only

(E) & (C) Only

(A) & (B) Only

Correct Answer

Option 4

Correct Answer

Explanation →

Q120:

CUET Economics 2023 Slot 3

Macro

>

Hard

Q120:

(B), (D), (A), (C)

(D), (C), (B), (A)

(C), (D), (A), (B)

(A), (B), (C), (D)

Correct Answer

Option 1

Correct Answer

Explanation →

Q121:

CUET Economics 2023 Slot 3

Macro

>

Medium

Q121:

(A), (B), (C) & (D) Only

(B), (C) & (D) Only

(A), (C) & (D) Only

(A), (B) & (C) Only

Correct Answer

Option 1

Correct Answer

Explanation →

Q122:

CUET Economics 2023 Slot 2

Macro

>

Medium

Q122:

These items are done to correct the imbalance of BOP Account

These are also known as below the line item

These only occur in capital A/c of BOP

BOP is said to be in surplus if autonomous receipts are greater than autonomous payments

Correct Answer

Option 4

Correct Answer

Explanation →

Q123:

CUET Economics 2023 Slot 2

Macro

>

Easy

Q123:

They want to send gifts abroad

The foreigners send gift in our country

They want to purchase imported goods from our market

The foreigners like to purchase goods from our market

Correct Answer

Option 1

Correct Answer

Explanation →

Q124:

CUET Economics 2023 Slot 2

Macro

>

Medium

Q124:

Trade surplus

Deficit in current Account

Surplus in current Account

Trade Deficit

Correct Answer

Option 2

Correct Answer

Explanation →

Q125:

CUET Economics 2023 Slot 2

Macro

>

Medium

Q125:

B, C and D only

A, C and D only

B, C and E only

A, C and E only

Correct Answer

Option 2

Correct Answer

Explanation →

Q126:

CUET Economics 2023 Slot 1

Macro

>

Medium

Q126:

(A), (B) and (C) Only

(B) and (C) Only

(A) and (D) Only

(B), (C) and (D) Only

Correct Answer

Option 2

Correct Answer

Explanation →

Q127:

CUET Economics 2023 Slot 1

Macro

>

Medium

Q127:

(A)-(II), (B)-(III), (C)-(I), (D)-(IV)

(A)-(I), (B)-(II), (C)-(IV), (D)-(III)

(A)-(III), (B)-(IV), (C)-(II), (D)-(I)

(A)-(IV), (B)-(I), (C)-(III), (D)-(II)

Correct Answer

Option 3

Correct Answer

Explanation →

Q128:

CUET Economics 2023 Slot 1

Macro

>

Easy

Q128:

Zero

Rs 4000 crore

Rs 2000 crore

Rs 6000 crore

Correct Answer

Option 3

Correct Answer

Explanation →

Q129:

CUET Economics 2023 Slot 1

Macro

>

Medium

Q129:

(A)-(III), (B)-(II), (C)-(I), (D)-(IV)

(A)-(III), (B)-(IV), (C)-(I), (D)-(II)

(A)-(IV), (B)-(I), (C)-(II), (D)-(III)

(A)-(I), (B)-(II), (C)-(III), (D)-(IV)

Correct Answer

Option 3

Correct Answer

Explanation →

Q130:

CUET Economics 2023 Slot 1

Macro

>

Medium

Q130:

(B) and (C) Only

(C) and (D) Only

(A) and (D) Only

(A) and (B) Only

Correct Answer

Option 4

Correct Answer

Explanation →

Q131:

CUET Economics 2022 Slot 5

Macro

>

Medium

Q131:

(A) - (I), (B) - (II), (C) - (III), (D) - (IV)

(A) - (II), (B) - (III), (C) - (I), (D) - (IV)

(A) - (IV), (B) - (III), (C) - (II), (D) - (I)

(A) - (III), (B) - (II), (C) - (I), (D) - (IV)

Correct Answer

Option 2

Correct Answer

Explanation →

Q132:

CUET Economics 2022 Slot 5

Macro

>

Medium

Q132:

(A), (D), (C), (B)

(C), (B), (D), (A)

(C), (A), (D), (B)

(A), (C), (B), (D)

Correct Answer

Option 2

Correct Answer

Explanation →

Q133:

CUET Economics 2022 Slot 4

Macro

>

Easy

Q133:

Devaluation

Appreciation

Revaluation

Depreciation

Correct Answer

Option 3

Correct Answer

Explanation →

Q134:

CUET Economics 2022 Slot 4

Macro

>

Medium

Q134:

(A) and (B) only

(B) and (D) only

(C) and (D) only

(B) and (C) only

Correct Answer

Option 4

Correct Answer

Explanation →

Q135:

CUET Economics 2022 Slot 3

Macro

>

Easy

Q135:

Imports and Exports both become expensive

Imports become expensive and Exports become cheaper

Imports become cheaper and Exports become expensive

Imports and Exports both become cheaper

Correct Answer

Option 2

Correct Answer

Explanation →

Q136:

CUET Economics 2022 Slot 3

Macro

>

Medium

Q136:

Credit side of current

Debit side of current

Credit side of capital

Debit side of capital

Correct Answer

Option 1

Correct Answer

Explanation →

Q137:

CUET Economics 2022 Slot 3

Macro

>

Easy

Q137:

The exports will rise

The exports will fall

The exports will remain unchanged

The imports will rise

Correct Answer

Option 1

Correct Answer

Explanation →

Q138:

CUET Economics 2022 Slot 3

Macro

>

Medium

Q138:

The Federal Reserve raising the interest rate against inflation.

The rising demand for the US dollar with the investors withdrawing their investments.

High rates of economic growth experienced by the South East Asian Countries during late 1980's and early 1990's.

Fall in prices of assets of the Southeast Asian Countries.

Correct Answer

Option 3

Correct Answer

Explanation →

Q139:

CUET Economics 2022 Slot 3

Macro

>

Medium

Q139:

The imports will rise

The imports will fall

The imports will remain unchanged

The imports may rise or fall

Correct Answer

Option 2

Correct Answer

Explanation →

Q140:

CUET Economics 2022 Slot 3

Macro

>

Easy

Q140:

There is a deficit on the Balance of Payment account

There is surplus on the Balance of Payment account

There is no impact on the Balance of Payment account

There is a balance on the Balance of Payment account

Correct Answer

Option 1

Correct Answer

Explanation →

Q141:

CUET Economics 2022 Slot 3

Macro

>

Hard

Q141:

The returns on their investments were falling as their domestic currency was depreciating.

The returns on their investments were falling as their domestic currency was appreciating.

The returns on their investments was expected to rise in the near future.

They wanted to take their investments back to their own respective nations.

Correct Answer

Option 2

Correct Answer

Explanation →

Q142:

CUET Economics 2022 Slot 1

Macro

>

Easy

Q142:

A-IV, B-II, C-I, D-III

A-II, B-IV, C-I, D-III

A-I, B-IV, C-III, D-II

A-II, B-III, C-I, D-IV

Correct Answer

Option 2

Correct Answer

Explanation →

Q143:

CUET Economics 2022 Slot 1

Macro

>

Medium

Q143:

Imports of machines

Trade in services

Grants received from a foreign government for rebuilding flood hit areas

Purchase of stock of a foreign company in London.

Correct Answer

Option 4

Correct Answer

Explanation →

Q144:

CUET Economics 2022 Slot 1

Macro

>

Easy

Q144:

Indian exports to Britain will increase.

Indian imports from Britain will increase.

Indian exports to Britain will decrease.

There will be no change in exports and imports between the two countries

Correct Answer

Option 1

Correct Answer

Explanation →

CUET Economics Macro > Balance of Payments PYQs

Q1:

Q1:

Q2:

Q2:

Q3:

Q3:

Q4:

Q4:

Q5:

Q5:

Q6:

Q6:

Q7:

Q7:

Q8:

Q8:

Q9:

Q9:

Q10:

Q10:

Q11:

Q11:

Q12:

Q12:

Q13:

Q13:

Q14:

Q14:

Q15:

Q15:

Q16:

Q16:

Q17:

Q17:

Q18:

Q18:

Q19:

Q19:

Q20:

Q20:

Q21:

Q21:

Q22:

Q22:

Q23:

Q23:

Q24:

Q24:

Q25:

Q25:

Q26:

Q26:

Q27:

Q27:

Q28:

Q28:

Q29:

Q29:

Q30:

Q30:

Q31:

Q31:

Q32:

Q32:

Q33:

Q33:

Q34:

Q34:

Q35:

Q35:

Q36:

Q36:

Q37:

Q37:

Q38:

Q38:

Q39:

Q39:

Q40: