Match List - I with List - II. List - I List -II (A) Export of goods and services (I) Excess of export of goods over import of goods (B) Trade surplus (II) An element of invisible item (C) Current transfers to rest of the world (III) Recorded in credit side the current account BOP (D) Portfolio investment (IV) Foreign institutional investment Choose the correct answer from the options given below:

Question

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(A)-(III), (B)-(I), (C)-(II), (D)-(IV)

List - I	List - II
(A) Normal goods	(I) These goods are consumed together
(B) Inferior goods	(II) Demand for the good decreases as income of the consumer increases
(C) Substitute goods	(III) These goods are used in place of each other
(D) Complementary goods	(IV) Demand for the good increases as income of consumer increases

The Correct Option is D

Solution and Explanation

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Questions Asked in CUET exam

List - I	List -II
(A) Export of goods and services	(I) Excess of export of goods over import of goods
(B) Trade surplus	(II) An element of invisible item
(C) Current transfers to rest of the world	(III) Recorded in credit side the current account BOP
(D) Portfolio investment	(IV) Foreign institutional investment