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CUET Economics 2023 PYQs11 June Shift 3. Free, no login required.

Macro

past year questions, CUET Economics 2023 11 June Shift 3

Balance of Payments

past year questions, Macro, CUET Economics 2023 11 June Shift 3

Easy

When autonomous receipts are less than autonomous payments. The balance of payments is in :

Solution

✅ Correct Option: 2

When autonomous (above-the-line) receipts fall short of autonomous payments, the country needs to make accommodating transactions to cover the gap. This situation is called a deficit in the balance of payments. A surplus occurs when autonomous receipts exceed autonomous payments.

Related questions:

2025: 28 May Shift 2

Arrange the given statement in terms of determining the ehange rate through a floating /flexible exchange rate.

(A) Depreciation of domestic currency in terms of foreign currency.

(B) The demand curve shifts upward and right to the original demand curve.

(C) The demand for foreign goods and services increases.

(D) The increase in demand for foreign goods and services result in a change in the exchange rate.

Choose the correct answer from the options given below:

2025: 30 May Shift 1

What does the BOP record?

2023: 1 June Shift 1

Decrease in value of domestic currency to foreign currency in fixed exchange rate system is called :

2026: 12 May Shift 1

Match List-I with List-II

List-IList-II
(A) Autonomous transactions(I) Current Account
(B) Net Exports(II) 'Below the line' items in BoP
(C) Accommodating transactions(III) Capital Account
(D) Portfolio Investment(IV) 'Above the line' items in BoP

Choose the correct answer from the options given below:

2025: 14 May Shift 1

Match List-I with List-II

List–IList–II
(A) Devaluation(I) Price of foreign currency in terms of domestic currency increase
(B) Revaluation(II) Price of domestic currency in terms of foreign currency increases
(C) Depreciation(III) Increase the exchange rate by the action of the Government
(D) Appreciation(IV) Decreases the exchange rate by the action of the Government

Choose the correct answer from the options given below:

2025: 30 May Shift 2

Arrange the following components as per the sample of Balance of Payments for India.

(A) Trade Balance.

(B) Net Invisibles.

(C) Current Account Balance.

(D) Errors and Omissions.

Choose the correct answer from the options given below:

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