Q.41)-Contries that depend mainly on the export of primary products for their income,are prone to-
- Inflation
- Economic instability
- Increasing unemployment
- Stable economic growth
Q.42)-The balance of payments of a country is in equalibrium when the-
- Demand as well as supply of the domestic currency are the highest
- Demand for the domestic currency is equal to its supply
- Demand for the domestic currency is the highest
- Demand for the domestic currency is the lowest
Q.43)-In the balance of payments account, unrequited receipts and payments are also regarded as-
- Bilateral transfers
- Unilateral transfers
- Capital accounts transfers
- Invisible transfers
Q.44)-As a result of higher rate of inflation in India, the U.S. doller will-
- Depreciate
- Constant
- Negligible
- Appreciate
Q.45)-Which type of foreign investment is considered as unsafe?
- Forign Direct Investment
- Portfolio Investment
- NRI deposits
- External commercial borrowing
Q.46)-At present, India is following-
- Fixed exchange Rate
- Floating exchange Rate
- Pegged up exchange Rate
- Pegged down exchange Rate
Q.47)-Excise duty is levied on-
- Sale of goods
- Production of goods
- Import of goods
- Exports of goods
Q.48)-Lowering of value of currency relative to a foreign reference currency is called ____________.
- Devaluation
- Revaluation
- Down valuation
- Negative valuation
Q.49)-Balance of Trade is the difference between-
- Country's Income and Exemse
- Country's Exports and Imports
- Country's tax Revenue and Expense
- Country's capital inflow and outflow
Q.50)-Which among the following is not an account under Balance of Payment?
- Current Account
- Capital Account
- Offical Reserves Account
- Unilateral Payments Account