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General Awareness

Which one of the following, clearly defines the meaning of the balance of payments of a country?
  1. Balance in consolidated fund of the country.
  2. Balance with international monetary fund
  3. Balance in World Bank.
  4. Public debt of that country
  5. Record of foreign trade of the country
What is the effect of an increase in demand for export on the foreign currency reserve of a country?
  1. It will be Positive for the foreign currency reserve of that country.
  2. It will be Negative for the foreign currency reserve of that country.
  3. It will be Nautral for the foreign currency reserve of that country.
  4. All of these
  5. None of the above
Which of the following is included in the Balance of payments of a country:
  1. Current account
  2. Capital account
  3. Revenue accounts
  4. Saving account
  5. Both 1 and 2
What will be effect of an increase in the debt of a country on current account deficit?
  1. It shall be effected positively .
  2. It shall be effected negatively
  3. It shall be effected neutrally
  4. All of these
  5. None of the above
If the value of rupee declines rapidly with comparison to dollar, then the price of Indian goods will?
  1. Indian goods will grew cheaper for foreigners to import our product.
  2. Indian goods will grew costlier for foreigners to export their product.
  3. Indian goods would remain at the same price
  4. All of these
  5. None of the above
In which of the following account is borrowings from the World Bank be recorded in the balance of payments?
  1. Capital account
  2. Visible Goods
  3. Current accounts
  4. Revenue accounts
  5. Saving accounts
In whichof the following is, the visible items recorded for a country?
  1. Capital account
  2. The balance of trade
  3. Foreign Exchange
  4. Reserve Bank of India
  5. None of the above
Which of the following is the full from of IMF?
  1. International Monetary Finance
  2. International Money federation
  3. International Money Fund
  4. International Monetary Function committee
  5. None of the above
Which of the following is the full from of FDI?
  1. Foreign direct investment
  2. Fixed deposit interest
  3. Foreign development investment
  4. 2 and 3
  5. None of the above
If balance of payments of country is in deficit, then:
  1. Current account will be in deficit
  2. export shall increase
  3. The country can borrow from abroad
  4. 1 and 3 both
  5. None of the above