CBSE Class 12 Economics Balance of Payment and Foreign Exchange Rate Assignment

CBSE Class 12 Economics Balance of Payment and Foreign Exchange Rate Assignment. Prepared by teachers of one of the best CBSE schools in Delhi. Based on CBSE and NCERT guidelines. The students should practice these assignments to gain perfection which will help him to get more marks in CBSE examination.

 

VERY SHORT ANSWER TYPE QUESTIONS (1 MARK)

 

1. What is meant by balance of trade? 
2. Define balance of payment. 
3. When is there a deficit in the balance of trade.
4. The balance of trade shows a deficit of Rs. 300 crs. and the value of exports is Rs. 500 crs. What is the value of imports? 
5. List two items included in the balance of trade account. 
6. List two items of the capital accounts of balance of payment. 
7. Give meaning of managed floating exchange rate. 
8. What is meant by invisible items? 
9. What is meant by unilateral transfer? 
10. What is meant by Autonomous transactions? 
11. Write the name of those economic transactions which are made by the government to make equilibrium in balance of payment. 
12. What do you mean by Fixed Exchange Rate? 
13. Define Flexible Exchange rate? 
14. State two merits of Flexible Exchange Rate. 
15. State two demerits of Flexible Exchange Rate.

 

Please refer to attached file for CBSE Class 12 Economics Balance of Payment and Foreign Exchange Rate Assignment


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