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

cdquestions Admin · Accepted Answer

The correct option is (D): (A)-(III), (B)-(I), (C)-(II), (D)-(IV)

Answer

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

Answer

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

Answer

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

Answer

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

LIST I		LIST II
A	Tea and Coffee	I	Complementary goods
B	Car and Fuel	II	Inferior goods
C	Low grade cereal food	III	Substitute goods
D	Good quality wheat	IV	Normal good

LIST I		LIST II
A	Quotas	I	Monetary assistance given by government for production activities
B	Import substitution	II	Government protects domestic industries from foreign competition
C	Tariffs	III	Tax on imported goods
D	Subsidy	IV	Specify the quantity of goods which can be imported

The Correct Option is D

Solution and Explanation

Top Questions on Goods and Services

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