CUET Economics 2025 3 June Shift 2 PYQs

In a situation of Balance of payments deficit, which of the following will be true?

1. Official reserves will increase
2. Official reserves will fall.
3. Official reserves will not be affected.
4. There will be an increase in international lending of the economy.

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?

In deficit condition of Balance of Payment if the central bank sells foreign exchange then this particular transaction is known as .......