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Economics · 2024 · 1 mark
CBSE 2024 · Region 3 · Set 1 · Q8
Identify the correct pair of statements given in Column I with the related terms in Column II: Column I Column II 1. Remittances from abroad to the…
Identify the correct pair of statements given in Column I with the related terms in Column II :
Alternatives :
| Column I | Column II | ||
| 1. | Remittances from abroad to the nation | (i) | Accommodating Transaction |
| 2. | Government’s policy of decreasing the value of the nation’s currency against foreign currencies | (ii) | Devaluation |
| 3. | Difference between visible exports and visible imports of a nation | (iii) | Balance of Payments |
| 4. | Government as sole authority of determining foreign exchange rates | (iv) | Flexible Exchange Rate System |
Official answer
(B)
$\displaystyle 2$ → (ii)
Marking-scheme solution
(B)
$\displaystyle 2$ → (ii)
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CBSE Class 12 Economics past-paper question from the 2024 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.