Q1:
2025: 13 May Shift 1
Macro
Balance of Payments
Medium
Suppose an Indian manufacturer of steel acquires a steel manufacturing unit in Europe. This type of transactions are recorded in which of the following.
Correct Answer
Option 2
Correct Answer
CUET Economics: MacroBalance of Payments. Free, no login required.
Q2:
2025: 13 May Shift 1
Macro
Balance of Payments
Easy
The difference between the value of exports and the value of imports of goods of a country in a given period of time is known as by what name?
Correct Answer
Option 1
Correct Answer
Q3:
2024: 16 May
Macro
Balance of Payments
Easy
Under flexible exchange rate, when the price of domestic currency in terms of foreign currency increases, it is called :
Correct Answer
Option 2
Correct Answer
Q4:
2024: 16 May
Macro
Balance of Payments
Medium
Correct Answer
Option 2
Correct Answer
Q5:
2024: 16 May
Macro
Balance of Payments
Hard
Correct Answer
Option 2
Correct Answer
Q6:
2023: 20 June Shift 1
Macro
Balance of Payments
Medium
Match List I with List II
| LIST I | LIST II |
|---|---|
| A. Accommodating items | I. International purchases |
| B. Capital Account | II. Central Bank |
| C. Balance of trade | III. Below the line items |
| D. Dirty Floating | IV. Visible items |
Choose the correct answer from the options given below:
Correct Answer
Option 1
Correct Answer
Q7:
2023: 20 June Shift 1
Macro
Balance of Payments
Easy
Flexible exchange rate is determined by:
Correct Answer
Option 3
Correct Answer
Q8:
2023: 20 June Shift 1
Macro
Balance of Payments
Easy
Full form of IBRD
Correct Answer
Option 4
Correct Answer
Q9:
2023: 20 June Shift 1
Macro
Balance of Payments
Easy
Exchange Rate is the price of a currency expressed in terms of.
Correct Answer
Option 2
Correct Answer
Q10:
2023: 20 June Shift 1
Macro
Balance of Payments
Easy
The International Bank for Reconstruction and Development (IBRD) is popularly known as_______.
Correct Answer
Option 3
Correct Answer
Q11:
2023: 11 June Shift 3
Macro
Balance of Payments
Medium
Profits obtained by a foreign firm's branch in India will be recorded on which side and in which account of balance of payment.
Correct Answer
Option 2
Correct Answer
Q12:
2023: 11 June Shift 3
Macro
Balance of Payments
Easy
The shape of supply curve of foreign exchange is :
Correct Answer
Option 3
Correct Answer
Q13:
2023: 11 June Shift 3
Macro
Balance of Payments
Easy
When autonomous receipts are less than autonomous payments. The balance of payments is in :
Correct Answer
Option 2
Correct Answer
Q14:
2023: 11 June Shift 3
Macro
Balance of Payments
Easy
A __________ account deficit is financed by net capital flows from the rest of the world, thus by a capital account surplus.
Correct Answer
Option 2
Correct Answer
Q15:
2023: 1 June Shift 1
Macro
Balance of Payments
Medium
Which of the following statements are true ?
(A) Managed floating is also called dirty floating.
(B) Making domestic currency cheaper by government is called devaluation
(C) Exchange rate determined by the market forces of demand and supply, known as floating exchange rate.
(D) In a fixed exchange rate system, the government fixes the exchange rate.
Choose the correct answer from the options given below :
Correct Answer
Option 1
Correct Answer
Q16:
2023: 1 June Shift 1
Macro
Balance of Payments
Easy
Decrease in value of domestic currency to foreign currency in fixed exchange rate system is called :
Correct Answer
Option 2
Correct Answer
Q17:
2023: 1 June Shift 1
Macro
Balance of Payments
Medium
Capital Account of balance of payment includes :
(A) Export and Import of goods
(B) Receipt of loans from abroad
(C) Purchase of shares in foreign countries
(D) Current transfers from Abroad
(E) Repayment of International loans
Choose the correct answer from the options given below :
Correct Answer
Option 3
Correct Answer
Q18:
2023: 1 June Shift 1
Macro
Balance of Payments
Medium
Interest paid on loan taken from IMF will be recorded in ________ side of ________ account.
Correct Answer
Option 2
Correct Answer
Q19:
2023: 1 June Shift 1
Macro
Balance of Payments
Medium
The transactions which are determined by the gap in the balance of payments, whether a deficit or surplus is called :
Correct Answer
Option 2
Correct Answer
Q20:
2023: 30 May Shift 1
Macro
Balance of Payments
Easy
More foreign currency will flow into the home country when :
Correct Answer
Option 4
Correct Answer
Q21:
2023: 30 May Shift 1
Macro
Balance of Payments
Medium
Which of the following are the components of current Account ?
(A) Trade in Services
(B) Trade in Goods
(C) Investment
(D) External borrowings
(E) External Assistance
Choose the correct answer from the options given below :
Correct Answer
Option 4
Correct Answer
Q22:
2023: 30 May Shift 1
Macro
Balance of Payments
Hard
Arrange the following statements in correct sequence relating to change in exchange.
(A) The Central Bank intervenes to purchase dollars rate between Dollars and Rupee in the foreign exchange market.
(B) The government sets the exchange rate above the equilibrium exchange rate.
(C) This will absorb the excess supply of dollars in the foreign exchange market.
(D) It will result in excess supply of dollars in the foreign exchange market.
Choose the correct answer from the options given below :
Correct Answer
Option 1
Correct Answer
Q23:
2023: 30 May Shift 1
Macro
Balance of Payments
Medium
What are the major components of capital Account among the following ?
(A) Bank Deposits
(B) Investment
(C) External Borrowings
(D) External Assistance
Choose the correct answer from the options given below :
Correct Answer
Option 1
Correct Answer
Q24:
2023: 29 May Shift 2
Macro
Balance of Payments
Medium
Which of the following statement is true about Autonomous transactions?
Correct Answer
Option 4
Correct Answer
Q25:
2023: 29 May Shift 2
Macro
Balance of Payments
Easy
People demand foreign exchange because:
Correct Answer
Option 1
Correct Answer
Q26:
2023: 29 May Shift 2
Macro
Balance of Payments
Medium
When nation is a borrower from other countries means:
Correct Answer
Option 2
Correct Answer
Q27:
2023: 29 May Shift 2
Macro
Balance of Payments
Medium
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:
Correct Answer
Option 2
Correct Answer
Q28:
2023: 28 May Shift 2
Macro
Balance of Payments
Medium
Current Account components of trade in services include :
(A) Gifts, Remittances
(B) Net Non-Factor Income
(C) Net Investment Income
(D) Grants
Choose the correct answer from the options given below :
Correct Answer
Option 2
Correct Answer
Q29:
2023: 28 May Shift 2
Macro
Balance of Payments
Medium
Match List - I with List - II.
List - I | List - II
(A) Flexible exchange rate | (I) Market forces
(B) Devaluation | (II) Pegged exchange rate
(C) Fixed exchange rate | (III) Floating exchange rate
(D) Depreciation | (IV) Government
Choose the correct answer from the options given below :
Correct Answer
Option 3
Correct Answer
Q30:
2023: 28 May Shift 2
Macro
Balance of Payments
Easy
If Trade Deficit is Rs 2000 crores and imports is worth Rs 4000 crore, then the value of exports will be :
Correct Answer
Option 3
Correct Answer