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
(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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