CUET Economics PYQs

Match the following:

Which of the following combination is a correct match of the above?

1. (A) - (I), (B) - (II), (C) - (IV), (D) - (III)
2. (A) - (I), (B) - (II), (C) - (III), (D) - (IV)
3. (A) - (II), (B) - (III), (C) - (IV), (D) - (I)
4. (A) - (III), (B) - (IV), (C) - (I), (D) - (II)

The cost of a bag increased from $8 to$12 in the US and ₹ 400 to ₹480 in India. What affect it has on the dollar in respect to exchange price?

Which of the following are called 'above the line' in the balance of payments?

1. International Transactions
2. Errors and Omissions
3. Accommodating Transactions
4. Autonomous Transactions