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This set of Business Economics Multiple Choice Questions & Answers (MCQs) focuses on Business Economics Set 10

Q1 | Restrictions on the use of foreign exchange by the Central bank are called _ .
Q2 |     _ are duties levied on imports.
Q3 | Restrictions imposed on the quantity of imports is    _ .
Q4 | Balance of payment always _ __.
Q5 |     _ term long run disequilibrium as fundamental disequilibrium.
Q6 | WTO replaced _ in 1995.
Q7 | TRIPs deals with _ .
Q8 | Protection is made available for _ years for patents.
Q9 | The terms of _ is 50 years.
Q10 | The current account of balance of payment does not include :
Q11 | Pick out the item which is not a part of unilateral transfers.
Q12 | Donations, grants, gifts and such other payments which do not have counter obligations are known as :
Q13 | If the deficits in a country’s BOP persists for a long time it is a case of :
Q14 | Disequilibrium in the BOP caused by changes in the demand or supply relations of exports or imports or both refer to :
Q15 | Which of the following is not a non monetary measure to correct the disequilibrium in BOP ?
Q16 | TRIMS include measures to :
Q17 | Pick out the one which is not true of GATS :
Q18 | Pick out the feature which is not true of the Agreement on Agriculture.
Q19 | In balance of payment account, all goods exported and imported are recorded in _ .
Q20 | Gifts and charities account are also known as :
Q21 | In BOP, total receipts must be equal to total    _ .
Q22 | Reducing the value of domestic currency in term of foreign currency :
Q23 | The current account in the balance of payments    _ .
Q24 | Good performance on _ has helped India to improve its current account balance in recent times.
Q25 | After covering deficits on current account, excess capital account receipts are added to _.