CUET Economics - Trade deficits occur when | PYQs + Solutions

CUET Economics 2025 28 May Shift 1

Macro

Easy

Export = Import

Export > Import

Export < Import

Export- (Import + external borrowing) = 0

✅ Correct Option: 3

Related questions:

3 June Shift 2

The value of elements of the balance of payments are given as:

Exports: $150$ million

Imports: $240$ million

Invisibles: $52$ million

Non-factor Services: $30$ million

Transfers: $32$ million

What is the current account balance?

30 May Shift 1

What does capital account of BOP record?

27 May Shift 2

If we have to pay Rs 150 for 3 pounds, then the exchange rate is Rs........... per pound.

CUET Economics 2025 28 May Shift 1 PYQs