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 - 5

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MCQ Class - 12 Economics Open Economy Macroeconomics - Set -5

Open Economy Macroeconomics

1 / 10

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

A. Machine

B. Cloth

C. Cement

D. All of them are correct

2 / 10

2. Foreign Exchange Rate is determined by:

A. Demand for foreign currency

B. Supply of foreign currency

C. Demand and supply in the foreign exchange market

D. None of them

3 / 10

3. Structure of balance of payment includes which account:

A. Current account

B. Capital account

C. Both "Current account" and "Capital account"

D. None of these.

4 / 10

4. Types of Foreign Exchange Market are:

A. Spot market

B. Forward market

C. Both "Spot market" and "Forward market"

D. None of them

5 / 10

5. Hybrid in management of fixed and flexible exchange rate is known as ________

A. Managed to float

B. Crawling Peg

C. Wider Bands

D. None of them

6 / 10

6. Measures to improve the adverse balance of payment includes:

A. Currency devaluation

B. Import substitution

C. Exchange control

D. All of them are correct

7 / 10

7. Foreign exchange is determined by:

A. Demand for foreign currency

B. Supply of foreign currency

C. Demand and supply in the foreign exchange market

D. None of them

8 / 10

8. Balance of Trade means :

A. Capital Transaction

B. Import and export of goods

C. Total debit and credit

D. All of them are correct

9 / 10

9. Balance of trade means:

A. Capital transactions

B. Import and export of goods,

C. Total credit and debit

D. All of the above

10 / 10

10. Which among the following is a source of supply of foreign exchange?

A. Donations given

B. Imports

C. Exports

D. Gifts

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 - 5

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MCQ Questions Class 12 Open Economy Macroeconomics With Answers

MCQ Questions Class 12 Economics Open Economy Macroeconomics with Answers - Set - 5

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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