Match List-I with List-II.
| List-I | List-II |
| (A) Current Account Surplus | (I) Export of invisibles - Import of invisibles |
| (B) Balanced Current Account | (II) Receipts > Payments |
| (C) Net Invisibles | (III) Receipts = Payments |
| (D) Current Account Deficit | (IV) Receipts < Payments |
Choose the correct answer from the options given below :
Answer & explanation
Correct answer: option 1
The correct answer is option (1) : (A)-(II), (B)-(III), (C)-(I), (D)-(IV)
Current Account Surplus : Receipt > Payment (ii)
Balanced Current Account : Receipts = Payments (II)
Net Invisibles : Export of invisibles - Import of invisibles (I)
Current Account Deficit : Receipts < Payments (IV)