T.Y.B.com economics mcq pdf

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Business Economics

T.Y.B.COM 

1.  Euro is the official currency for ________ member countries of European Union.

a) 16

b)17

c) 18

d)19

 

2.  The __________ is the single currency of the European Union.

a) Dollar 

b) Euro 

c) Yen 

d) Pound

 

3.  ________ is the second largest currency in the world.

 

a) Dollar 

b) Euro 

c) Yen 

d) Pound

 

4.  The ASEAN Community include _________.

a) Political - Security Community 

b) Economic Community 

c) Socio - Cultural Community 

d) All of the above

5.  _________ became an ASEAN dialogue partner in 1995.

a) India                                                            b) Pakistan

c) Sri Lanka                                                      d) None of these

6.  The referendum for Brexit was held on ______.

a) 23 June 2016                                                b) 23 June 2017

c) 23 August 2017                                              d) 23 June 2018

 

7.  ASEAN was formed in ________ .

a) 1947

b)1967

c) 1977

d)1987

 

8.  European Union is also known as ______.

a) European Economic Community 

b) European Common Market 

c) European Community 

d) All of the above

 

10.  In balance of payment account, all goods exported and imported are recorded in ______ 

a) Capital Account 

b) Merchandise Account 

c) Invisible Account 

d) none of these

11.  Gift and charities account are also known as ______ .

 

a) Exports                                                               b) Unilateral transfer

c) Import                                                                d) long term borrowings

12.  In BOP, total receipt must be equal to total ________ .

a) payment                                                             b) deficit

c) income                                                                 d) all of these

 

13.            Reducing the value of domestic currency in terms of foreign currency __________.

a) Deflation 

b) Exchange control 

c) Tariff 

d) Devaluation

 

14.  Non-Monetary measures include ________ .

a) Tariff and Quotas 

b) Import substitution 

c) Export promotion 

d) All of these

15.  The current account in the balance of payments ________ .

a)   is the total of all the visible items of trade

b)  include merchandise trade and services

c)   always shows a surplus

d)   include autonomous and accommodating flows

 

16.  A deficit in India's balance of payments in recent time is due to ______.

a)   a steep rise in the price of crude oil

b)   increase in export related imports

c)   increase in imports on account of globalisation

d)  All of the above

 

17.  Good performance on ________ has helped India to improve its current account balance in recent times.

a) trade account                                                    b) invisible account

c) capital account                                                  d) all of the above


18.  After covering deficits on current account, excess capital account receipts are added to______ .

a) IMF account 

b) Official transfers 

c) Foreign exchange reserves 

d) Bank capital

19.  Reducing public expenditure to correct BOP disequilibrium is a ______ measure.

a) Monetary                                                               b) Fiscal

c) Special                                                                   d) None of these

 

20.  _______ is not a cause of deficit in balance of payments.

a) increase in import 

b) fall in exports 

c) capital outflow 

d) capital inflows


21.  Under _________ the foreign investors will be given same rights as the national investor in the matter of investment.

a) TRIPs                                                                         b) TRIMs

c) GATs                                                                           d) None of these


22.  GATs deals with trade in _______ .

a) Services                                                                     b) Patent

     c) Copyright                                                                     d) Trademarks


23.  TRIMs deals with ________ .

a) Foreign Investment                                                    b) Foreign Aid

     c) Services                                                                        d) Goods


24.  Under WTO TRIPs cover _________ .

a) Patent                                                                            b) Copyright

c) Trademarks                                                                    d) All of the above

 

25.  _______ agreement deals in trade in services.

a) TRIMs                                                                             b) TRIPs

c) GATs                                                                              d) All of the above


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https://www.surajpateleducation.com/2021/03/tybcom-financial-accounting-mcq-with.html

 

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https://www.surajpateleducation.com/2021/01/marketing-research-tybcom-mcq-pdf.html


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https://www.surajpateleducation.com/2020/12/cost-accounting-tybcom-mcq-pdf.html

 

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https://www.surajpateleducation.com/2020/12/business-economics-tybcom-mcq-pdf.html

 

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https://www.surajpateleducation.com/2020/12/commerce-questions-and-answers-mcq-pdf.html


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