CUET Economics PYQs

In a situation of Balance of payments deficit, which of the following will be true?

Which of the following is a component of the capital account?

Which of the following statements is true. If exchange rate changes from $1 = Rs 72 to Rs 81.

A. Import will fall

B. Import will rise

C. Exports will rise

D. National Income will rise

E. National Income will fall

Choose the correct answer from the options given below: