Target Exam

CUET

Subject

Economics

Chapter

Macro Economics: Government Budget and Economy

Question:

Match List-I with List-II

List-I

List-II

(A) Annual financial statement

(I) Create liabilities or reduce financial assets.

(B) Capital receipts

(II) Trade surplus.

(C) Capital expenditure

(III) Main budget document.

(D) Export Import

(IV) Create financial assets or reduce liabilities.

Choose the correct answer from the options given below:

Options:

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

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

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

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

Correct Answer:

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

Explanation:

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

List-I

List-II

(A) Annual financial statement

(III) Main budget document.

(B) Capital receipts

(I) Create liabilities or reduce financial assets.

(C) Capital expenditure

(IV) Create financial assets or reduce liabilities.

(D) Export Import

(II) Trade surplus.