Match List-I with List-II. List

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Target Exam

CUET

Subject

Economics

Chapter

Macro Economics: Money and Banking

Question:

Match List-I with List-II.

List-I	List-II
(A) Non monetary exchanges	(I) Services of housewives
(B) Old age pensions	(II) Factor income from abroad
(C) Dividends received from investment in shares of a Foreign company	(III) Transfer income
(D) Profits earned by Branch of a foreign bank in India	(IV) Part of domestic income

Choose the correct answer from the options given below:

Options:

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

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

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

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

Correct Answer:

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

Explanation:

The correct answer is Option (2) → (A)-(I), (B)-(III), (C)-(II), (D)-(IV)

Explanation:

(A) Non monetary exchanges → (I) Services of housewives: This refers to services provided without monetary compensation.
(B) Old age pensions → (III) Transfer income: Old age pensions are payments made without an exchange of goods or services, classifying them as transfer income.
(C) Dividends received from investment in shares of a Foreign company → (II) Factor income from abroad: Dividends from foreign investments are considered income received from foreign factors of production.
(D) Profits earned by Branch of a foreign bank in India → (IV) Part of domestic income: Profits earned by a foreign bank's branch in India are included in the country's domestic income as they are generated within the domestic economy.