TN State Board Samacheer Kalvi Online Test for 12th Std - Economics - English - International Economics

Question 1 Of 10

Favirnrable trade means value of exports are ………………… than that of imports.

More Less More or Less Not more than

Question 2 Of 10

Favourable Balance of payment is expressed as …………..

R/P = 1 R/P < 1 R/P > 1 R/P# l

Question 3 Of 10

Net Barter Terms of Trade was developed by …………………..

Torrance Taussig Marshall J. S.tMill

Question 4 Of 10

‘Net export equals ………………..

Export x Import Export + Import Export – Import Exports of services only

Question 5 Of 10

Single Factorial Terms of Trade was devised by …………………

Marshall David Ricardo Jacob viner Taussig

Question 6 Of 10

In the case of BOT,

Transactions of goods are recorded. Transactions of both goods and services’ are recorded Both capital and financiál accounts are included All of these

Question 7 Of 10

FPI is part of capital account of ………………

BOT BOP FDI FIT

Question 8 Of 10

The New Export-Import policy was implemented in ………………………..

1990 – 1995 1991 – 1996 1992 – 1997 1993 – 1998

Question 9 Of 10

If there is an imbalance in the trade balance (more imports than exports), it can be reduced by ……………….

Decreasing customs duties Increasing export duties Stimulating exports Stimulating imports

Question 10 Of 10

BOP includes . :

Visible items only invisible items only both visible and invisible items merchandise trade only

Tamil Nadu State Board ( Samacheer Kalvi ) Online Test based on Book Back Questions - 12th Standard Economics - English Medium - International Economics

Samacheer Kalvi 12th Economics - International Economics - Book Back Questions in English Medium