Basic of Economics Archives

What is called the difference in the money value between exports and imports during the specific period of time ?

Basic of Economics, Economics Mcqs / admin

What is called the difference in the money value between exports and imports during the specific period of time ?

A. Balance of payment
B. Balance sheet
C. Terms of trade
D. Balance of trade

What is called the difference in the money value between exports and imports during the specific period of time ? Read More »

The exchange rate is the ratio at which the currency of one country is exchanged for the currency of another. Which method was developed by the World bank to exchange rates ?

Basic of Economics, Economics Mcqs / admin

The exchange rate is the ratio at which the currency of one country is exchanged for the currency of another. Which method was developed by the World bank to exchange rates ?

A. Breton Wood method
B. Free market exchange rate
C. Atlas method of exchange rate
D. Open market exchange rate

The exchange rate is the ratio at which the currency of one country is exchanged for the currency of another. Which method was developed by the World bank to exchange rates ? Read More »

Basic of Economics, Economics Mcqs

Account is format banking, brokerage or business relationship established to provide for regular services. dealings and other financial transactions. Which of the following phenomenon(s) are also referred by term, Account ?

Basic of Economics, Economics Mcqs / admin

Account is format banking, brokerage or business relationship established to provide for regular services. dealings and other financial transactions. Which of the following phenomenon(s) are also referred by term, Account ?

A. A precise list or enumeration of financial transactions
B. Money deposited for checking savings or breakage use
C. A customer having business or credit relationship with a firm
D. All of these

Basic of Economics, Economics Mcqs