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 :
(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:
(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)
About Foreign Exchange Market - CUET-UG
Foreign Exchange Market is a vital chapter for CUET-UG aspirants. Mastering the concepts covered in this chapter is essential for securing a top rank.
By rigorously practicing the previous year questions associated with this chapter, you can identify high-yield topics, understand the examiner's perspective, and boost your confidence during the actual exam.
Frequently Asked Questions
Why focus on Foreign Exchange Market PYQs?
Analyzing PYQs for this specific chapter reveals the most frequently tested concepts and the typical complexity of questions, allowing you to tailor your study plan efficiently.
How to best use this analysis?
Review the topic breakdown to see which sub-topics within Foreign Exchange Market carry the most weight. Then, tackle the questions iteratively to solidify your understanding.