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