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Economics · 2025 · 1 mark
CBSE 2025 · Region 7 · Set 1 · Q4
Read the following statements – Assertion (A) and Reason (R) carefully. Choose the correct option from those given below: Assertion (A): Shipping…
Read the following statements – Assertion (A) and Reason (R) carefully. Choose the correct option from those given below :Assertion (A) : Shipping service provided by an Indian company to foreign companies will be recorded in current account of Balance of Payments (BOP).Reason (R) : Current account of Balance of Payments (BOP) does not alter the status of the asset or liabilities of the residents of India.Options :
Official answer
(A)
Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).
Marking-scheme solution
(A)
Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).
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CBSE Class 12 Economics past-paper question from the 2025 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.