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Economy Previously Asked Questions: Balance of Payment
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Economy Previously Asked Questions: Balance of Payment
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22 Questions

1. Which one of the following countries is the largest trading partner of India?
2. What have been the reasons of deficit in India's Balance of Trade in the Past?
3. Balance of Payment on capital account includes
4. Which one of the following set of commodities are exported to India by arid and semi-arid countries in the Middle East?
5. Which of the following commodities has highest export from India in 2017?
6. Consider the following statements. The Indian rupee is fully convertible
1. In respect of Current Account of Balance of Payment
2. In respect of Capital Account of Balance of Payment
3. Into gold Which of these statement(s) is/are correct?
7. The term 'Balance of Payment' is used in relation to which of the following?
8. Which one of the following statements is not correct?
9. Balance of payment includes
10. Which one of the following groups constitutes the largest item of Export from India?
11. 'ECGC' is related to
12. Which of the following continued to be the major component of India's external credit till 2017?
13. Which one of the following institutions related to export financing and insurance?
14. Which of the following statements is correct about the Balance of Trade of India?
15. Among the following countries, which was the highest crude oil supplier to India during 2017-18?
16. A letter of credit has to be produced by
17. Invisible export means export of
18. Balance of payment is defined as
19. Which organisation promotes the foreign trade?
20. Which among the following does not have 'free trade zone'?
21. India export maximum leather to
22. 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.

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