Balance of Payments Test 04 Preparation Online

1. Invisible items in balance of payments include?

A. All the three

B. Foreign remittances

C. Income from tourists

D. Internet charges

2. Exchange rate for currencies is determined by supply and demand in system of?

A. Fixed exchange rate

B. Flexible

C. Constant

D. Govt. regulated

3. Final balance of payments of a country is?

A. Fluctuates

B. Always deficit

C. Always balanced

D. Always surplus

4. Balance of payments of a country has parts?

A. 3

B. 2

C. 5

D. 4

5. If Japanese import more goods from Pakistan (other things remain same)?

A. Our balance of payments will improve

B. Our BOP will deteriorate

C. Japan's BOP will deteriorate

D. (a) and (b) of above

6. A country that does not trade with other countries is called an economy?

A. Independent

B. None of these

C. Closed

D. Open

7. Pakistan follows the policy of?

A. Controlled exchange rate

B. Increasing exchange rate

C. Flexible exchange rate

D. Fixed exchange rate

8. Balance of payments of a country includes?

A. Balance of trade

B. Saving and investment account

C. Capital receipts and payments

D. Both (a) and (b)

9. Balance of payments of a country includes?

A. Moentary account

B. Current account

C. Capital account

D. All of above

10. If GNP of Pakistan rises, it will encourage?

A. Exports

B. Both

C. Imports

D. None of these

Balance of Payments Test 04 Preparation Online

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