12th Class Economics Foreign Exchange Rate Question Bank MCQs - Foreign Exchange Rate

  • question_answer
    From the following statements given in Column I and Column II, choose the correct pair of statements:
    Column I Column II
    A. These items can take place on both current and capital accounts 1. Stock concept
    B. These items can take place only on capital accounts 2. Flow concept
    C. BoP current account 3. Autonomous items
    D. BoP capital account 4. Accommodating items

    A) A - 2, B - 3, C - 1, D - 4

    B) A - 4, B - 1, C - 3, D - 2

    C) A - 3, B - 4, C - 2, D - 1

    D) A - 1, B - 2, C - 4, D - 3

    Correct Answer: C

    Solution :

    [c] A - 3, B - 4, C - 2, D - 1


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