New ! Commerce MCQ Practise Tests



11th Standard English Medium Commerce Subject Balance of Trade and Balance of Payments Creative 1 Mark Questions with Solution Part - II

11th Standard

    Reg.No. :
  •  
  •  
  •  
  •  
  •  
  •  

Commerce

Time : 00:30:00 Hrs
Total Marks : 5
    5 x 1 = 5
  1. Unilateral Payments Account Credit items shows ..................

    (a)

    Private-remittances received from foreign countries

    (b)

    Pension Payments to foreign countries

    (c)

    Private remittances of foreign countries

    (d)

    Both (a) and (b)

  2. Unilateral Payments Accounts Debit items ..........................

    (a)

    Private remittances to foreign countries

    (b)

    Private remittances from foreign countries

    (c)

    Pension Payments received from foreign countries

    (d)

    Both (a) and (b)

  3. Balance of Payments always .................. sense also.

    (a)

    Equilibrium

    (b)

    Nil

    (c)

    Balance

    (d)

    None of these

  4. Measures of correct Disequilibrium in Balance of Payments ....................

    (a)

    Automatic correction

    (b)

    Planned measure

    (c)

    Both (a) and (b)

    (d)

    None of these

  5. It is one monetary measure taken to correct adverse balance of payment .......................

    (a)

    Devaluation of Home currency

    (b)

    Import duties

    (c)

    Both (a) and (b)

    (d)

    None of these

*****************************************

Reviews & Comments about 11th Standard English Medium Commerce Subject Balance of Trade and Balance of Payments Creative 1 Mark Questions with Solution Part - II

Write your Comment