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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 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
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
From CBSE’s own marking scheme for this paper.
(B)
$\displaystyle 2$ → (ii)
Marking-scheme solution
(B)
$\displaystyle 2$ → (ii)
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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.