Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Macro Economics: Government Budget and Economy

Question:

Match List I with List II

List I List II
A. Purchase of crude oil from Kuwait I. Credit side of capital account
B. Investment by a Multinational corporation in India II. Credit side of current account
C. Sale of spices to Germany III. Debit side of capital account
D. Loan gives to Sri Lankan government IV. Debit side of current account 

Choose the correct answer from the options given below :

Options:

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

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

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

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

Correct Answer:

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

Explanation:

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

List I List II
A. Purchase of crude oil from Kuwait IV. Debit side of Current account 
B. Investment by a Multinational corporation in India I.Credit side of Capital account (Foreign Exchange coming in)
C. Sale of spices to Germany II.Credit side of Current account
D. Loan gives to Sri Lankan government III.Debit side of Capital account (Foreign Exchange going out)