CUET Economics 2025 3 June Shift 1 PYQs

Arrange the given statement in terms of determining the ehange rate through a floating /flexible exchange rate.

(A) Depreciation of domestic currency in terms of foreign currency.

(B) The demand curve shifts upward and right to the original demand curve.

(C) The demand for foreign goods and services increases.

(D) The increase in demand for foreign goods and services result in a change in the exchange rate.

Choose the correct answer from the options given below:

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

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?