Balance of Payments (CBSE (Central Board of Secondary Education- Board Exam) Class-12 Economics): Questions 35 - 44 of 44

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Question number: 35

» Balance of Payments » Balance of Payments Account

Essay Question▾

Describe in Detail

List the items of current account of balance of payments account. Also define ‘Balance of trade’.

Explanation

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Question number: 36

» Balance of Payments » Foreign Exchange Rate

Essay Question▾

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Explain the meaning and two merits of fixed foreign exchange rate.

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Question number: 37

» Balance of Payments » Foreign Exchange Rate

Essay Question▾

Describe in Detail

Explain two sources each of demand and supply of foreign exchange.

Explanation

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Question number: 38

» Balance of Payments » Balance of Payments Account

Essay Question▾

Describe in Detail

Give the meaning of factor income to abroad and factor income from abroad. Also give example of each.

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Question number: 39

» Balance of Payments » Determination of Exchange Rate in a Free Market

Essay Question▾

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State any two problems of barter system of exchange. How does money solve them?

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Question number: 40

» Balance of Payments » Balance of Payments Account

Essay Question▾

Describe in Detail

Distinguish between balance of trade and balance of current account.

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Question number: 41

» Balance of Payments » Foreign Exchange Rate

Essay Question▾

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When exchange rate of foreign currency falls, its demand rises. Explain how.

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Question number: 42

» Balance of Payments » Foreign Exchange Rate

Short Answer Question▾

Write in Short

What is fixed exchange rate System?

Question number: 43

» Balance of Payments » Balance of Payments Account

Short Answer Question▾

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Name the items included in balance of trade account.

Question number: 44

» Balance of Payments » Balance of Payments Account

Short Answer Question▾

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What does balance of payments account of a country record?

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