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)

Trade includes export and import of goods

(I)

Capital Account

(B)

Foreign Direct Investment

(II)

Invisible Trade

(C)

Net sale of service products like banking and tourism

(III)

Transfer Payment 

(D)

The Receipts of payment without providing goods and services 

(IV)

Current Account

Choose the correct answer from the options given below :

Options:

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

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

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

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

Correct Answer:

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

Explanation:

List - I

List – II

(A)

Trade includes export and import of goods

(I)

Current Account

(B)

Foreign Direct Investment

(II)

Capital Account

(C)

Net sale of service products like banking and tourism

(III)

Invisible Trade

(D)

The Receipts of payment without providing goods and services 

(IV)

Transfer Payment