CUET Economics 2026 13h May Shift 2 PYQs

Balance of payments of an economy is in surplus when__________

Calculate the current account balance from the following values (given in dollars):

Exports of goods =188

Import of goods =248

Net invisibles;

A. Non-factor services=56

B. Transfers=36

C. Income receipts =10

For example, there is an increase in international travel by Indians. What will be the effect on the domestic currency?

(A). Demand curve shifts upward and right to the original demand curve.

(B). Demand for foreign goods and services increases.

(C). Depreciation of domestic currency (rupees) in terms of foreign currency (dollars).

(D). The value of rupees in terms of dollars has fallen and value of dollar in terms of rupees has risen.

Choose the correct answer from the options given below: