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Home Questions TX9BTRJ68V
Target Exam

CUET

Subject

Economics

Chapter

Macro Economics: Open Economy Macro Economics

Question:

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:

Options:

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

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

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

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

Correct Answer:

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

Explanation:

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

 

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