Question : The exchange rate is the price of one __________in terms of another___________.

Option 1: currency, currency

Option 2: import, export

Option 3: goods, services

Option 4: investment, remittance

Question : A Trade Policy consists of

Option 1: Export-Import Policy

Option 2: Licencing Policy

Option 3: Foreign Exchange Policy

Option 4: Balance of Payment Policy

Question : Which reform aimed to encourage foreign trade and reduce import restrictions in the 1991 economic policy?

Option 1: Import substitution

Option 2: Export promotion

Option 3: Bilateral trade agreements

Option 4: Trade liberalization

Question : It measures the number of units of one currency required to exchange with one unit of another.
 

Option 1: Foreign exchange
 

Option 2: Foreign exchange market
 

Option 3: Foreign exchange rate
 

Option 4: None of the above.
 

Question : The process of transferring funds from one bank account to another electronically is called ___________.

Option 1: Online banking

Option 2: electronic funds transfer (EFT)

Option 3: Mobile banking

Option 4: Internet banking