MCQ Questions Class 12 Open Economy Macroeconomics With Answers

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.

Students who are searching for NCERT MCQ Questions for Class 12 Open Economy Macroeconomics with Answers are compiled here to get good practice on all fundamentals. Know your preparation level on MCQ Questions for Class 12 Economics. You can also verify your answers from our provided MCQ Class 12 Open Economy Macroeconomics with Answers. So, ace up your preparation with MCQ of Economics Objective Questions.

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

English

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

Open Economy Macroeconomics

1 / 10

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

2 / 10

Which one is the visible item of Balance of Payments?

A. Machine

B. Cloth

C. Cement

D. All of them are correct

3 / 10

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

4 / 10

Balance of trade means:

A. Capital transactions

B. Import and export of goods,

C. Total credit and debit

D. All of the above

5 / 10

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.

6 / 10

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

7 / 10

Measures to improve the adverse balance of payment includes:

A. Currency devaluation

B. Import substitution

C. Exchange control

D. All of them are correct

8 / 10

Types of Foreign Exchange Market are:

A. Spot market

B. Forward market

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

D. None of them

9 / 10

Balance of Trade means :

A. Capital Transaction

B. Import and export of goods

C. Total debit and credit

D. All of them are correct

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 Economics Open Economy Macroeconomics with Answers - Set - 5

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