UGC NET Balance of payments Previous Year Questions
JRFSmart holds 12 previous-year questions on Balance of payments from UGC NET Commerce (Paper 2), filed under Unit 1: Business Environment and International Business, drawn from 9 of the 22 exam papers in the bank (2018–2025). Each question can be practised with a full explanation and shows how often NTA has returned to the same idea.
What is asked in Balance of payments
The questions in this topic fall under these subtopics, ordered by how many previous-year questions each has.
| Subtopic | Questions |
|---|---|
| Current and capital account | 1 |
| Balance of trade, current and capital account | 1 |
| J-curve effect of devaluation | 1 |
| Official reserves account | 1 |
| Correcting a current account deficit | 1 |
| International Investment Position | 1 |
| Adverse balance of trade | 1 |
| Correcting disequilibrium in the BoP | 1 |
| Components of the balance of payments | 1 |
| Categories of the balance of payments | 1 |
| Why the BoP always balances | 1 |
NTA repeat analysis
Balance of payments appears in 9 of 22 papers (41%), which JRFSmart rates as high frequency.
Sample previous-year questions
Which of the following is a situation of adverse balance of trade?
Which of the following is not a monetary measure for correcting disequilibrium in Balance of Payment?
Match the LIST-I with LIST-II LIST I | LIST II A. Balance of payment-current A/C | I. Inflow and outflow of capital B. Balance of payment-capital A/C | II. International Transactions of goods and services C. Balance of Trade | III. Import and export of goods…
Which one of the followings is not a category under Balance of Payments ?
Select the correct option from the followings. The Balance of payment (BoP) :
A statistical statement in International business that shows at a point the value of financial assets of residents of an economy that are claims on non-residents or are gold bullion held as reserve assets and the liabilities of residents of an economy to…
Which of the following factors are attributed to the weakening of Indian rupee? A. Rupee payment for international trade B. Rising cost of imports C. Widening trade deficit D. Opening of Rupee Vostro accounts E. Rupee UPI payments for overseas transactions…
In which of the following balance of payment accounts changes in holdings of gold and foreign currencies by official monetary institutions are accounted for.
Showing 8 of 12 questions, without answers. Practise the full set with options, the official answer and JRFSmart's explanations.
Practise Balance of payments
All 12 questions, one topic, with explanations and repeat data. One topic in every unit is free.
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