A surplus current account means A. Rece

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Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Indian Economy on the Eve of Independence

Question:

A surplus current account means

A. Receipts > Payments
B. Receipts - Payments
C. Receipts < Payments
D. Receipts > Price of commodity
E. Receipts = Total Sale

Choose the correct answer from the options given below:

Options:

A and D Only

B and E Only

A Only

C Only

Correct Answer:

A Only

Explanation:

The correct answer is Option (3) → A Only