CUET-UG SERIES
Economics

Foreign Exchange Market

5 previous year questions.

Volume: 5 Ques
Yield: Medium

High-Yield Trend

5
2023

Chapter Questions
5 MCQs

01
PYQ 2023
medium
economics ID: cuet-ug-
Identify the set of correct Statements :
(A) Fixed Exchange rate is regulated by the Government
(B) Flexible Exchange rate is regulated by the market forces
(C) Dirty Floating is a hybrid of Fixed and Flexible Exchange rate system
(D) Flexible exchange rate system is also known as dirty floating
(E) Fixed exchange rate keeps on changing with the change in demand and supply of Foreign Exchange
Choose the correct answer from the options given below :
1
(A) and (B) only
2
(C), (D) and (E) only
3
(A), (B) and (C) only
4
(B), (C) and (D) only
02
PYQ 2023
medium
economics ID: cuet-ug-
"A theory of international exchange which holds that the price of similar goods in different countries is the same " is the concept of :
1
Real exchange rate
2
Present value
3
Purchasing power parity
4
Nominal exchange rate
03
PYQ 2023
medium
economics ID: cuet-ug-
In Pakistan most of the foreign exchange earning come from one among the following. Choose the correct option.
1
Remittances by local workers in Pakistan
2
Remittances by the workers in the middle east
3
Remittances by the World Bank workers in Lahore
4
Remittances by the Pakistan politicians
04
PYQ 2023
medium
economics ID: cuet-ug-
Which is not a part of progress of china?
1
Great leap forward
2
One child norm
3
Capitalist economy
4
Commune system
05
PYQ 2023
medium
economics ID: cuet-ug-
Select the correct sequence that lead to the need for the introduction of New Economic policy 1991 in India:
(A) Foreign exchange reserves dropped
(B) World Bank gave loan to manage crisis
(C) New economic policy 1991 announced
(D) India met with an economic crisis related external debt
Choose the correct answer from the options given below:
1
(A), (D), (B), (C)
2
(D), (A), (B), (C)
3
(A), (B), (D), (C)
4
(B), (A), (D), (C)