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Economics · 2024 · 1 mark
CBSE 2024 · Region 3 · Set 1 · Q4
According to the Reserve Bank of India’s (RBI’s) Statistical Supplement released on 19th May, $\displaystyle 2023$ :“India’s foreign exchange reserves grew for the third straight week and reached near an approximate level of $$600$ billion.”The above situation will _________ the __________ side of Balance of Payments account of India.(Choose the correct alternative to fill in the blanks)
Official answer
From CBSE’s own marking scheme for this paper.
(D)
Increase, Debit
Marking-scheme solution
(D)
Increase, Debit
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CBSE Class 12 Economics past-paper question from the 2024board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.