CUET Economics 2025 2 June Shift 1 PYQs

If the current exchange rate is Rs. 80 to a pound and investors believe that the pound is going to appreciate by the end of the month and will be worth Rs.85, investors think if they gave the dealer Rs. 80,000 and bought 1000 pounds, at the end of the month, they would be able to exchange the pounds for Rs. 85,000, thus making a profit of ......

Under this system, official reserve transactions are not equal to zero.

Balance of payments of an economy is in surplus when__________

1. Autonomous receipts > Accommodating receipts
2. accommodating receipts > accommodating payments
3. total international receipts > total international payments
4. autonomous receipts > autonomous payments