Balance of Trade and Balance of Payments Three Marks Questions

11th Standard

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Commerce

Time : 00:45:00 Hrs
Total Marks : 21
    7 x 3 = 21
  1. Why is Balance of Payment prepared?

  2. What does Balance of Payment Disclose?

  3. What are the credit items shown in current accounts?

  4. State the Components of capital account.

  5. What are the Debit items shown in Current Accounts?

  6. What are all the elements of current account balance?

  7. What are the credit items shown in the official capital account?

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TN 11th Standard Commerce free Online practice tests

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