St. Britto Hr. Sec. School - Madurai
11th Commerce Monthly Test - 1 ( Balance of Trade and Balance of Payments )-Aug 2020
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Which of the following does not include the invisible items?
Balance of Trade
Balance of payments
Both (a) and (b)
None of these
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Balance of payments of a country has ______ parts.
2
3
4
5
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Private capital is always .................
Long term
Short term
Both (a) and (b)
None of these
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Unilateral Payments Account Credit items shows ..................
Private-remittances received from foreign countries
Pension Payments to foreign countries
Private remittances of foreign countries
Both (a) arid (b)
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If balance of payments of a country is in deficit, then _______
Current Account will be in deficit
Money supply can be increased to deficit
Country can borrow from abroad
(a) and (c) of the above
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Balance of payment of a country includes:
Current account
Monetary account
Capital account
All of the above
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Debit items of Current Account shows .............
Goods Import
Goods Export
Capital items
None of these
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Balance of Payments always .................. sense also.
Equilibrium
Nil
Balance
None of these
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Components of Balance of Payments are ..................
1
2
3
4
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Balance of trade of a country may either be ..............
favourable
unfavourable
both (a) or (b)
none of these
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Credit items of Current Account shows .....................
Import items
Export items
Entrepot items
None of these
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Unilateral Payments Accounts Debit items ..........................
Private remittances to foreign countries
Private remittances from foreign countries
Pension Payments received from foreign countries
Both (a) and (b)
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Balance of payment is ................ term.
narrow
wider
both (a) and (b)
none of these
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Balance of payment cover the value of imports and exports of ....................
visible items
non-visible items
both (a) and (b)
none of these
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Final balance of payments of a country is ______
Always balanced
Always deficit
Always surplus
Fluctuates
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What are the components of Capital Account?
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What are visible Exports and Imports?
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Importance of BOP and BOT.
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Write the structure of Balance of Payments.
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Mention the components of Official Capital?
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Mention the components of Banking Capital.
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What are measuring deficit (or) surplus in Balance of Payments?
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Definition of "Balance of Payment" by Domini Salvatore.
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Necessary for Global Village concept.
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Impact of Balance of Payments and Trade.
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What is the composition of Private Capital?
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What are the four components of Balance of Payments?
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Balance of Payment is key to economic development.
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What is unfavourable Balance of Trade?
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What is favourable Balance of Trade?
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Define Balance of Payment.
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What do you mean by Balance of Trade?
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What are the components of Balance of Payments?
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What are invisible items?
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What are all the contents of Balance of Payments?
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write down the sructure of capital account.
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What are the Debit items shown in Current Accounts?
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What does Balance of Payment Disclose?
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Why is Balance of Payment prepared?
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What are all the elements of current account balance?
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What are the credit items shown in the official capital account?
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What are the credit items shown in current accounts?
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Write down the Structure of Capital Account?
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Highlight the features of balance of trade .
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Write down the structure of Balance of Payments.
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Highlight the features of balance of trade.
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Distinguish Balance of Payments and Balance of Trade.
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What is the result revealed by the Balance of Payment?