Balance of Payments Test 01 Preparation Online

1. The balance of payments of country means?

A. The annual account

B. Balance in income and expenditure of govt

C. Balance in export and import earnings

D. Balance in demand and supply of money

2. Pakistan's exports are part of our GDP?

A. 35%

B. 5%

C. 25%

D. 15%

3. Which of the following must always balance?

A. Balance on the current account

B. Balance of invisible trade

C. Balance of payments

D. Balance of visible trade

4. Which of the following must always balance?

A. Balance of payments

B. Balance of visible trade

C. Balance on the current balance

D. Balance of invisible trade

5. What will be expected result if the value of rupee falls against dollar?

A. The price of American goods in USA will fall

B. The price of American goods in USA with fall

C. The price of Pakistani goods in USA will rise

D. The price of American goods in Pakistan will rise

6. If Toyota Company, establishes a factory in Pakistan, this will be recroded in balance of payments in the section?

A. Invisible balance

B. Capital account

C. Official financing

D. Visible balance

7. What would cause a country's exchange rate to fall?

A. An increased demand for its imports

B. An increased demand for its exports

C. An increased in flow of capital

D. None of the above

8. It helps countries to meet deficit in balance of payments?

A. WTO

B. World Bank

C. UNO

D. IMF

9. If CDA (Capital Development Authority, Islamabad) gets a loan from World Bank for roads, it will be recorded in the balance of payments in section?

A. Invisible balance

B. Official financing

C. Visible balance

D. Capital account

10. Which of the following compares the average price of exports to average price of imports?

A. The exchange rate

B. The terms of trade

C. The balance of trade

D. The balance of payments

Balance of Payments Test 01 Preparation Online

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