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CSS :: Balance of Payments


1.  Balance of payments of a country includes:
A. Current account B. Moentary account
C. Capital account D. All of above

2.  Balance of payments of a country includes:
A. Balance of trade B. Capital receipts and payments
C. Saving and investment account D. Both (a) and (b)

3.  Final balance of payments of a country is:
A. Always balanced B. Always deficit
C. Always surplus D. Fluctuates

4.  Balance of payments of a country has parts:
A. 2 B. 3
C. 4 D. 5

5.  Exchange rate for currencies is determined by supply and demand in system of:
A. Fixed exchange rate B. Flexible
C. Constant D. Govt. regulated

6.  If GNP of Pakistan rises, it will encourage:
A. Exports B. Imports
C. Both D. None of these

7.  A country that does not trade with other countries is called an economy:
A. Open B. Closed
C. Independent D. None of these

8.  If Japanese import more goods from Pakistan (other things remain same)
A. Our balance of payments will improve B. Japan's BOP will deteriorate
C. Our BOP will deteriorate D. (a) and (b) of above

9.  Invisible items in balance of payments include:
A. Foreign remittances B. Income from tourists
C. Internet charges D. All the three

10.  Pakistan follows the policy of:
A. Fixed exchange rate B. Flexible exchange rate
C. Controlled exchange rate D. Increasing exchange rate




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