A. Balance between a nation’s expenditure on imports and its receipts from exports
B. Total sum a state owned
C. Total liabilities of a nation
D. Shortfall in budget
Related Mcqs:
- Which term is used for an addition to normal payment by a company or extra payment of gratuity to workers ?
A. Bonus
B. Overtime
C. Prize
D. Gift - A payment is made in return for some transference of privilege. What this payment is called ?
A. Royalty
B. Rent
C. Share
D. Intellectual royalty - The difference between the balance on current account and the balance on capital account is the ?
A. statistical discrepancy
B. balance of payments
C. balance of trade
D. trade deficit - The difference between a country’s balance of payments and its balance of international indebtedness?
A. is equal to official reserve transactions
B. occurs because of foreign exchange fluctuations
C. reflects statistical discrepancies
D. reflects the difference between flow and stock concepts - Starting from a position where the nation’s money demand equals the money supply and its balance of payments is in equilibrium economic theory suggests that the nation’s balance of payments would move into a surplus position if there occurred in the nation a (an) ?
A. increase in the money demand
B. decrease in the money demand
C. increase in the money demand
D. None of the above - Starting from a position where the nation’s money demand equals the money supply and its balance of payments is in equilibrium its balance of payments would move into a surplus position if there occurred in the nation a (an) ?
A. decrease in the money supply
B. increase in the money supply
C. decrease in the money demand
D. None of the above - Term a large payment to a senior employee who is forced into retirement or fired as a result of takeover or similar development ?
A. Golden bonus
B. Golden shake hand
C. Friendly handshake
D. Golden handshake - Which of the following payment instruments introduced by the banks is known as plastic money ?
A. Bearer cheques
B. Credit Cards
C. Demand Drafts
D. Gift Cheques - Which term is used for a country’s holdings of intentionally acceptable means of payment ?
A. Holdings
B. Reserves
C. Foreign currency
D. Treasure - Large payment to senior employee who is forced into retirement is called ?
A. Golden bonus
B. Golden shake hand
C. Friendly handshake
D. Golden handshake
