Match List I with List II
|
List - I |
List – II |
||
|
(A) |
Receipts > Payments |
(I) |
Balance of Payment Deficit |
|
(B) |
Reserve change < 0 |
(II) |
Current Account Deficit |
|
(C) |
Receipts < payment |
(III) |
Balance of Payment surplus |
|
(D) |
Reserve change > 0 |
(IV) |
Current Account surplus |
Choose the correct answer from the options given below:
Answer & explanation
Correct answer: option 1
|
List - I |
List – II |
||
|
(A) |
Receipts > Payments |
(IV) |
Current Account surplus |
|
(B) |
Reserve change < 0 |
(III) |
Balance of Payment surplus |
|
(C) |
Receipts < payment |
(II) |
Current Account Deficit |
|
(D) |
Reserve change > 0 |
(I) |
Balance of Payment Deficit |