Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Macro Economics: Open Economy Macro Economics

Question:

Match List-I with List-II.

List I List II
A. Export of goods and services I. Excess of export of goods over import of goods
B. Trade surplus II. An element of invisible item
C. Current transfers to rest of the world III. Recorded in credit side the current account BOP
D. Portfolio investment IV. Foreign institutional investment

 

Options:

A-I, B-II, C-IV, D-III

A-III, B-II, C-I, D-IV

A-I, B-II, C-III, D-IV

A-III, B-I, C-II, D-IV

Correct Answer:

A-III, B-I, C-II, D-IV

Explanation:

The correct answer is option (4) : A-III, B-I, C-II, D-IV

List I List II
A. Export of goods and services III.Recorded in credit side the current account BOP
B. Trade surplus I.Excess of export of goods over import of goods
C. Current transfers to rest of the world II.An element of invisible item
D. Portfolio investment IV.Foreign institutional investment