NextQ66

Identify the correct pair of statements given in Column I with the related terms in Column II : Alternatives : Column I | Column II 1. Remittances from abroad to the nation | (i) Accommodating Transaction 2. Government policy of decreasing the value of the nation's currency against foreign currencies | (ii) Devaluation 3. Difference between visible exports and visible imports of a nation | (iii) Balance of Payments 4. Government as sole authority of determining foreign exchange rates | (iv) Flexible Exchange Rate System

Introduction to Balance of PaymentsStudy Simplify SpecialPYQ1MCQ
Question 65

Assuming that, the following data is given for an imaginary economy : The balance of Trade from 2020 to 2021 ____ by Rs. ____ crore. (Choose the correct alternative) Items \ Year | 2020 (Rs. in Cr.) | 2021 (Rs. in Cr.) Exports of visbles | 1,000 | 1,100 Imports of visibles | 800 | 850

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