In the case of BOT,

(a)

Transactions of goods are recorded.

(b)

Transactions of both goods and services are recorded.

(c)

Both capital and financial accounts are included.

(d)

All of these

Tourism and travel are classified in which of balance of payments accounts?

(a)

merchandise trade account

(b)

services account

(c)

unilateral transfers account

(d)

capital account

Cyclical disequilibrium in BOP occurs because of

(a)

Different paths of business cycle.

(b)

The income elasticity of demand or price elasticity of demand is different.

(c)

long-run changes in an economy

(d)

Both (a) and (b)

Which of the following is not an example of foreign direct investment?

(a)

the construction of a new auto assembly plant overseas

(b)

the acquisition of an existing steel mill overseas

(c)

the purchase of bonds or stock issued by a textile company overseas

(d)

the creation of a wholly owned business firm overseas

Foreign direct investments not permitted in India

(a)

Banking

(b)

Automic energy

(c)

Pharmaceutical

(d)

Insurance