A current account deficit means that the nation is a borrower from other countries, which can also be represented as. Option 1: Receipts > Payments Option 2: Receipts = Payments Option 3: Receipts < Payments Option 4: Constant Receipts and Payments

The answer is 'Receipts < Payments'. View full solution:

CUET Economics - A current account deficit means that the nation is a borrower from other countries, which can also be represented as. | PYQs + Solutions

CUET Economics 2025 3 June Shift 2

Macro

Medium

Receipts > Payments

Receipts = Payments

Receipts < Payments

Constant Receipts and Payments

✅ Correct Option: 3

Related questions:

28 May Shift 1

With reference to the above passage, the current account comprises?

Exports and Imports of visible items only.
Exports and imports of visible and invisible items and external borrowings.
Exports and imports of goods & services plus transfer payments.
Short Term Debt.

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Owing to the current political instability across many countries, the Indian rupee has sharply lost its value in terms of US dollars. The impact of this would be :

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(D) A fall in exports to USA

Choose the correct answer from the options given below :

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Under a flexible exchange rate, when the price of domestic currency in terms of foreign currency increases is called?

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