CBSE Class 12 Economics, MCQ Questions Class 12 Economics Open Economy Macroeconomics with Answers. MCQ Questions Class 12 Open Economy Macroeconomics with Answers are Prepared Based on Latest Exam Pattern. Students can solve NCERT Class 12 Open Economy Macroeconomics MCQs with Answers to know their preparation level.

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MCQ Questions Class 12 Economics Open Economy Macroeconomics with Answers - Set - 4

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MCQ Class - 12 Economics Open Economy Macroeconomics - Set -4

Open Economy Macroeconomics

1 / 10

1. Which items are included in the balance of trade?

A. Invisible Item

B. Capital Transfer

C. Visible Item

D. All of them are correct

2 / 10

2. Which one is the item of the Current Account?

A. Import of Visible Items

B. Expenses of Tourists

C. Exports of Visible Items

D. All of them are correct

3 / 10

3. Which account is included in the composition of the Balance of Payments?

A. Current Account

B. Capital Account

C. Both "Current Account" and "Capital Account"

D. None of them

4 / 10

4. Balance of Trade means:

A. Capital Transaction

B. Import and export of goods

C. Total debit and credit

D. All of them are correct

5 / 10

5. Which one is the item of Capital Account?

A. Government Transaction

B. Priva Transactions

C. Foreign Direct Investment

D. All of them are correct

6 / 10

6. Which one is the feature of Balance of Payment?

A. Systematic Accounts

B. Fixed Time Period

C. Comprehensiveness

D. All of them are correct

7 / 10

7. Which items are included in the Balance of Payments?

A. Visible Items

B. Invisible Items

C. Capital Transfers

D. All of them are correct

8 / 10

8. Which one is the visible item of Balance of Payments?

A. Machine

B. Cloth

C. Cement

D. All of them

9 / 10

9. The reason for the imbalance in the balance of payment is:

A. Natural Reasons

B. Economic Reasons

C. Political Reasons

D. All of them are correct

10 / 10

10. Which one is the invisible item of Balance of Payment?

A. Banking

B. Shipping

C. Communication

D. All of these

Your score is

The average score is 90%

MCQ Questions Class 12 Open Economy Macroeconomics With Answers

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MCQ Questions Class 12 Open Economy Macroeconomics With Answers

MCQ Questions Class 12 Economics Open Economy Macroeconomics with Answers - Set - 4

Open Economy Macroeconomics

MCQ Questions Class 12 Open Economy Macroeconomics With Answers

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MCQ Questions Class 12 Open Economy Macroeconomics With Answers

MCQ Questions Class 12 Economics Open Economy Macroeconomics with Answers - Set - 4

Open Economy Macroeconomics

MCQ Questions Class 12 Open Economy Macroeconomics With Answers

MCQ Questions Class 12 Government Budget and the Economy With Answers

MCQ Questions Electrical Engineering Semiconductor Theory

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