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SBI Special : Topic Cracker - Foreign Trade -I

Mahendra Guru
SBI Special : Topic Cracker
Q1. The monetary difference of the total export and import of an economy in one financial year is called as-

1) Trade policy

2) Trade Balance

3) Depreciation

4) Devaluation

5) Revaluation

Answer-2

Q2. Set of rules which regulates the export import activities of any economy is known as-

1) Trade policy

2) Trade Balance

3) Depreciation

4) Devaluation

5) Revaluation

Answer-1

Q3. When domestic currency loses its value in front of a foreign currency if it is market driven, then such situation is known as-

1) Trade policy

2) Trade Balance

3) Depreciation

4) Devaluation

5) Revaluation

Answer-3

Q4. A term used in foreign exchange market which means a govt. increasing the exchange rate of its currency against any foreign currency is known as-

1) Trade policy

2) Trade Balance

3) Depreciation

4) Devaluation

5) Revaluation

Answer-5

Q5. When exchange rate of a domestic currency is cut down by its govt. against any foreign currency is known as-

1) Trade policy

2) Trade Balance

3) Depreciation

4) Devaluation

5) Revaluation

Answer-4

Q6. An international currency in which the highest faith is shown and is needed by every economy is termed as-

1) Cheap currency

2) Heated currency

3) Hot Currency

4) Soft Currency

5) Hard currency

Answer-5

Q7. A type of currency that is easily available in any economy in its forex market is known as-

1) Cheap currency

2) Heated currency

3) Hot Currency

4) Soft Currency

5) Hard currency

Answer-4

Q8. If a hard currency is exiting an economy at a fast pace of time, then that currency is termed as-

1) Cheap currency

2) Heated currency

3) Hot Currency

4) Soft Currency

5) Dear currency

Answer-3

Q9. A term to denote the domestic currency which is under enough pressure of depreciation is known as-

1) Cheap currency

2) Heated currency

3) Hot Currency

4) Soft Currency

5) Dear currency

Answer-2

Q10. If a govt. starts repurchasing its bonds before their maturities, the money which flows into the economy is known as-

1) Cheap currency

2) Heated currency

3) Hot Currency

4) Soft Currency

5) Dear currency

Answer-1






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