Which of the following is not a component of current account: Option 1: Imports of machines Option 2: Trade in services Option 3: Grants received from a foreign government for rebuilding flood hit areas Option 4: Purchase of stock of a foreign company in London.

The answer is 'Purchase of stock of a foreign company in London.'. View full solution:

CUET Economics - Which of the following is not a component of current account: | PYQs + Solutions

CUET Economics

Macro

Medium

Imports of machines

Trade in services

Grants received from a foreign government for rebuilding flood hit areas

Purchase of stock of a foreign company in London.

✅ Correct Option: 4

Related questions:

31 May Shift 1

Suppose, in a flexible exchange rate system, demand for foreign goods and services increases due to increased international travel by Indians.

Arrange the following statements in correct sequence.

(A) Exchange rate increases.

(B) Exports from India become more affordable for foreigners.

(D) The demand curve shifts towards the right.

Choose the correct answer from the options given below:

(D), (B), (C), (A)
(D), (C), (B), (A)
(D), (A), (B), (C)
(D), (B), (A), (C)

27 May Shift 2

...... links the currencies of different countries and enables comparison of international costs and prices.

CUET Economics 2022 Slot 4

Owing to the current political instability across many countries, the Indian rupee has sharply lost its value in terms of US dollars. The impact of this would be :

(A) A rise in imports from USA

(B) A fall in imports from USA

(D) A fall in exports to USA

Choose the correct answer from the options given below :

CUET Economics PYQs

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