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CUET Economics 2026 PYQs11 May Shift 2. Free, no login required.

Macro

past year questions, CUET Economics 2026 11 May Shift 2

Balance of Payments

past year questions, Macro, CUET Economics 2026 11 May Shift 2

Medium

Which of the following is true for the surplus in the Balance of Payments?

Solution

✅ Correct Option: 2

In the Balance of Payments, a surplus means autonomous receipts are more than autonomous payments. The extra foreign exchange is added to official reserves.

In BoP accounting, an increase in foreign exchange reserves is entered with a negative sign because it is an increase in a foreign asset. Therefore, Reserve Change < 0. Hence, as per NCERT's accounting convention and NTA's official key, Option 2 is correct.

Related questions:

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(C) The rupee value of the import bill will increase.

(D) Selling foreign exchange from its reserves by the reserve bank of India.

Choose the correct answer from the options given below:

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  1. Decrease.
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  3. Increase.
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