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61. In the balance of payment accounts, all goods exported and imported are recorded in
Capital account
Visible Accounts
Invisible Account
Merchandise Accounts
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62. Which of the country's banking have been brought under 'Sanctions by the USA, recently"?
Iraq
North Korea
Pakistan
Iran
63. Statement: (i) No gain from trade is shared between countries in accordance with their relative strength of demand(ii) The terms of trade are against the primary producer unless it has a monopoly or the product has on inelastic demand abroad.
Both correct
Both incorrect
I corret, II incorrect
I incorrect II correct
64. Out of the following, one is not related to WTO
TRIPS
Ministerial Conference
TRIMS
TRAI
65. The balance of payments account is conventionally divided into
Current Account and Capital Account
Visible Account and Invisible Account
Long-term capital Account and short term capital account
None of the above
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