CUET Economics 2025 16 May Shift 1 PYQs

The current account is the record of trade in goods and services and transfer payments. Arrange the following components in terms of service.

(A). Current account.

(B). Net factor income + Net Non-factor income.

(C). Net investment income + Net income from compensation of employees.

(D). Trade in services.

Choose the correct answer from the options given below:

Central banks intervene to buy and sell foreign currencies in an attempt to moderate exchange rate movements whenever they feel that such actions are appropriate. What is this move called?

A banking service provided by a country is accounted in the element of the balance of payment.