Match List I with List II
LIST I LIST II A. Accommodating items I. International purchases B. Capital Account II. Central Bank C. Balance of trade III. Below the line items D. Dirty Floating IV. Visible items
Choose the correct answer from the options given below:
Match List I with List II
| LIST I | LIST II |
|---|---|
| A. Accommodating items | I. International purchases |
| B. Capital Account | II. Central Bank |
| C. Balance of trade | III. Below the line items |
| D. Dirty Floating | IV. Visible items |
Choose the correct answer from the options given below:
Solution
Capital Account records international purchases and sales of financial assets (B-I). Balance of trade covers only visible items - exports and imports of goods (C-IV). Dirty Floating is a managed float regime where the Central Bank intervenes (D-II). By elimination, Accommodating items is matched with III (A-III).
Note: The standard NCERT treatment classifies accommodating items as 'below the line' and autonomous items as 'above the line'. The given pairing appears to use a non-standard mapping; we have selected the option consistent with the other unambiguous matches.
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