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Class 12 Macro Economics - Chapter 6: Open Economy Macroeconomics MCQ Questions

10 Questions 20 Minutes
Answered: 0 / 10Unanswered: 10

Your Class 12 Macro Economics Study Path

  1. 1LearnNCERT Solutions
  2. 2PracticeChapter MCQs
  3. 3TestChapter Test
  4. 4PrepareSample Papers
  5. 5Exam PracticePrevious-Year Papers
  6. 6Final CheckMock Test
Question 1

Other things remaining unchanged, when in a country the price of foreign currency rises, national income is:

Question 2

When there is a favourable balance of trade?

Question 3

The operation of daily nature in the foreign exchange market is known as

Question 4

The operation of future delivery in the foreign exchange market is known as

Question 5

When the import and export of visible items are equal, the situation is known as

Question 6

What is the cause of the devaluation of any country’s currency?

Question 7

Foreign exchange transactions which are independent of other transactions in the Balance of Payments Account are called:

Question 8

Trade of visible items between the countries is known as

Question 9

Foreign exchange transactions dependent on other foreign exchange transactions are called:

Question 10

Other things remaining the same, when in a country the market price of foreign currency falls, national income is likely:

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