Question : Formalised system of trading agreements with groups of countries is known as

Option 1: Trading blocks

Option 2: Trade ventures

Option 3: Trade partners

Option 4: Trade organisations

Question : Bilateral monopoly refers to the market situation of 

Option 1: Two sellers , two buyers 

Option 2: One seller , two buyers .

Option 3: Two sellers and one buyer .

Option 4: One seller and one buyer.

Question : The difference in the value of visible exports and visible imports is called :

Option 1: Balance Sheet of items

Option 2: Balance of Payments

Option 3: Balance of Trade

Option 4: Balance of Account

Question : At present, Indian is following 

Option 1: Fixed exchange rate 

Option 2: Floating exchange rate 

Option 3: Pegged up an exchange rate 

Option 4: Pegged down the exchange rate

Question : Directions: Arrange the following words as per order in the dictionary.
1. Nest 2. Neck 3. Neat 4. Near

Option 1: 4, 2, 3, 1

Option 2: 4, 2, 1, 3

Option 3: 4, 3, 2, 1

Option 4: 4, 1, 3, 2