CUET Economics - What is the role of official reserve account? | PYQs + Solutions

CUET Economics 2025 30 May Shift 1

Macro

Medium

Records trade in goods.

Reflects errors in data.

Stabilize the currency and manage BOP imbalance.

Attracts foreign investment.

✅ Correct Option: 3

Related questions:

13 May Shift 1

The difference between the value of exports and the value of imports of goods of a country in a given period of time is known as by what name?

13 May Shift 2

When the central bank intervenes to control the exchange rate through sell/purchase of foreign currencies, this process is called______

13 May Shift 2

Match List-I with List-II

Choose the correct answer from the options given below:

CUET Economics 2025 30 May Shift 1 PYQs