NCERT_CLASS_12_ECONOMICS_MACROECONOMICS

NCERT stands for National Council of Educational Research and Training. The National Council of Educational Research and Training (NCERT), http://ncert.nic.in/, is an autonomous institution that works for the advancement of school education under the auspices of the Indian government. The curriculum and textbooks established by NCERT are followed by CBSE board and several state boards schools such as UP Board, MP Board, Gujarat Board, Bihar, Uttarakhand, and many other state boards schools.

1. Which of the component / components  are included in Current Account?

  1. Export of goods
  2. Net factor income
  3. Net income from compensation of employees
  4. Net investment income

Select the correct answer using the codes given below:

 
 
 
 

2. Take a look at the following statement.

  1. The cyclic flow of income from India's economy might leakage by purchasing
    and selling international and domestic commodities.
  2. The foreign exchange rate is the price of one currency in terms of
    another currency.
  3. Special Drawing Rights (SDR) are a possible claim on IMF members'
    freely useable currencies.

Select the correct answer using the codes given below:

 
 
 
 

3. Which of the component / components  are included in
The balance of payments (BoP) record
?

  1. direct foreign investment
  2. FDI
  3. crude oil
  4. portfolio investments

Select the correct answer using the codes given below:

 
 
 
 

4. with reference to the correct explanation of Balance of Trade (BOT)
consider the following  statement
.

 
 
 
 

5. Take a look at the following statement.

  1. The foreign exchange market is the market where national currencies
    are exchanged for one another.
  2. In the foreign exchange industry, foreign exchange brokers are
    the only big players.

Choose the correct answer from the options provided below.

 
 
 
 

6. with reference to A rise in price of foreign exchange ,
consider the following statement .

Select the correct answer using the code given below.

 
 
 

7. Take the following assertions into consideration.

(1) The exchange rate is fixed. A fixed rate of exchange between the currencies of two
or more nations that is only modified occasionally.

(2) Managed floating A system in which the central bank lets market forces set the
exchange rate but intervenes to affect it at times.

(3) Depreciation The official action of lowering the price of native currency
under pegged exchange rates.

(4) Net exports (exports minus imports) is NX.

Select the correct answer using the code given below:

 
 
 
 

Question 1 of 7

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