CSS :: Balance of Payments
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1. |
Balance of payments of a country includes: |
A. |
Current account |
B. |
Moentary account |
C. |
Capital account |
D. |
All of above |
Answer: Option D
Explanation:
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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) |
Answer: Option D
Explanation:
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3. |
Final balance of payments of a country is: |
A. |
Always balanced |
B. |
Always deficit |
C. |
Always surplus |
D. |
Fluctuates |
Answer: Option A
Explanation:
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4. |
Balance of payments of a country has parts: |
Answer: Option B
Explanation:
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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 |
Answer: Option B
Explanation:
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6. |
If GNP of Pakistan rises, it will encourage: |
A. |
Exports |
B. |
Imports |
C. |
Both |
D. |
None of these |
Answer: Option C
Explanation:
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7. |
A country that does not trade with other countries is called an economy: |
A. |
Open |
B. |
Closed |
C. |
Independent |
D. |
None of these |
Answer: Option B
Explanation:
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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 |
Answer: Option D
Explanation:
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9. |
Invisible items in balance of payments include: |
A. |
Foreign remittances |
B. |
Income from tourists |
C. |
Internet charges |
D. |
All the three |
Answer: Option D
Explanation:
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10. |
Pakistan follows the policy of: |
A. |
Fixed exchange rate |
B. |
Flexible exchange rate |
C. |
Controlled exchange rate |
D. |
Increasing exchange rate |
Answer: Option B
Explanation:
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