Balance of Payment Class 12 Important Questions

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Balance of Payment Class 12 Important Questions. We covered all the Balance of Payment Class 12 Important Questions in this post for free so that you can practice well for the exam.

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Balance of Payment Class 12 Important Objective Questions for Students

Balance of Payment on capital account includes

(A) Balances of private direct investments

(B) Private portfolio investments

(C) Government loans to foreign governments

(D) All of the above

Option d – All of the above

The term ‘Balance of Payment’ is used in relation to which of the following?

(A) The annual sale of a factory

(B) Tax collection

(C) Export and Imports

(D) None of the above

Option c – Export and Imports

Which one of the following statements is not correct?

(A) The proposals made by the Director General of GATT to resolve the stalled Uruguay talks are referred to as the Dunkel Draft

(B) The Dunkel Draft also included proposals pertaining to intellectual property rights

(C) The Dunkel proposals also include trade-related investment measures

(D) The Dunkel proposals also include the proposal that Indo-Pak relation. may be strengthened on the basis of the Shimla Agreement

Option d – The Dunkel proposals also include the proposal that Indo-Pak relation. may be strengthened on the basis of the Shimla Agreement

Which of the following statements is correct about the Balance of Trade in India?

(A) India’s trade balance remained negative for the entire period from 1949-50 to 2015-16

(B) India’s trade balance remained positive for the entire period from 1949-50 to 2015-16

(C) India’s trade balance remained negative for the entire period from 1949-50 to 2015-16 except for two years 1972-73 and 1976-77, when it was positive

(D) India’s trade balance remained positive for the entire period from 1949-50 to 2015-16 except for two years 1972-73 and 1976-77 when it was negative

Option c – India’s trade balance remained negative for the entire period from 1949-50 to 2015-16 except for two years 1972-73 and 1976-77, when it was positive

India’s Trade Policy (2009-14) seeks to 1. Double the country’s share of global trade by 2020. 2. Achieve a growth of 25 percent per annum in exports 3. Double Indian exports of goods and services by 2015 Choose the correct statements.

(A) Only 1 and 2

(B) Only 2 and 3

(C) Only 1 and 3

(D) 1, 2 and 3

Option d – 1, 2 and 3

We covered all the balance of payment class 12 important questions above in this post for free so that you can practice well for the exam.

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