MCQ Economics Class 12 Chapter 6 Open Economy Macroeconomics Advertisement MacroeconomicsMCQ’s For All Chapters – Macroeconomics Class 12th 1. Which of the following is a merit of the fixed exchange rate?Ensures the supply of the fixed exchange rateEnsures the demand for the fixed exchange rateEnsures the stability for the fixed exchange rateNoneQuestion 1 of 142. Which one is the item of Capital Account?Government TransactionPrivat TransactionsForeign Direct InvestmentAll the aboveQuestion 2 of 143. The foreign exchange rate is determined by:GovernmentBargainingWorld BankDemand and Supply forcesQuestion 3 of 144. The Gold Standard was prevalent in the world from:15th century to 18th century9th century to 18th centuryFrom 1870 till First World WarFrom 1670 till First World WarQuestion 4 of 145. Which one is a merit of fixed exchange rate ?Promotes Foreign TradeInduces Foreign CapitalIncreases Capital FormationAll the aboveQuestion 5 of 146. Foreign exchange transactions dependent on other foreign exchange transactions are called:Current account transactionsCapital account transactionsAutonomous transactionsAccommodating transactionsQuestion 6 of 147. The operation of future delivery in the foreign exchange market is known as__Spot marketCurrent marketForward marketDomestic marketQuestion 7 of 148. Structure of balance of payment includes which account:Current accountCapital accountBoth (a) and (b)None of these.Question 8 of 149. Which account is included in the composition of Balance of Payments ?Current AccountCapital AccountBoth (a) and (b)None of the aboveQuestion 9 of 1410. The operation of daily nature in the foreign exchange market is known asSpot marketForward marketDomestic marketInternational marketQuestion 10 of 1411. Other things remaining unchanged, when in a country the price of foreign currency rises, national income is:Likely to riseLikely to fallLikely to rise and fall bothNot affectedQuestion 11 of 1412. The forms of foreign exchange market is/are :Spot marketForward marketBoth (a) and (b)None of theseQuestion 12 of 1413. The exchange rate at which demand for foreign currency becomes equal to its supply,is called:Equal rate of exchange;Unequal rate of exchange;Equilibrium rate;All of theseQuestion 13 of 1414. Which one is a kind of fixed exchange rate?Gold Standard System of Exchange RateBretton Woods System of Exchange RateBoth (a) and (b)None of the aboveQuestion 14 of 14 Loading...
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