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Economics · 2023 · 1 mark
CBSE 2023 · Region 3 · Set 1 · Q8
Identify, which of the following is not a source of supply of foreign exchange for India. (Choose the correct alternative)Read the items given in Columns I and II carefully and choose the correct pair of statements from the given alternatives.Column I Column II i. Export of software by an Indian company 1. Demand of foreign currency ii. Accommodating nature of transactions 2. Profit motive iii. Autonomous nature of transactions 3. Non-Profit motive iv. Loan forwarded to Sri Lanka during its economic crisis 4. Supply of foreign exchange
Alternatives :
Identify, which of the following is not a source of supply of foreign exchange for India. (Choose the correct alternative)
Read the items given in Columns I and II carefully and choose the correct pair of statements from the given alternatives.
| Column I | Column II | ||
| i. | Export of software by an Indian company | 1. | Demand of foreign currency |
| ii. | Accommodating nature of transactions | 2. | Profit motive |
| iii. | Autonomous nature of transactions | 3. | Non-Profit motive |
| iv. | Loan forwarded to Sri Lanka during its economic crisis | 4. | Supply of foreign exchange |
Alternatives :
Official answer
From CBSE’s own marking scheme for this paper.
(A) → (C)
Marking-scheme solution
Branch (A) : (C) Imports of goods and services from abroad
OR
Branch (B) : The marking scheme names no correct alternative for this branch; it rules that the mark goes to every candidate, so this branch has no official key.More from Open Economy Macroeconomics
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