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Economics · 2026 · 1 mark
CBSE 2026 · Region 5 · Set 1 · Q9
Read the following statements: Assertion (A) and Reason (R). Choose the correct option from those given below: Assertion (A): Transfers from Abroad…
Read the following statements : Assertion (A) and Reason (R). Choose the correct option from those given below :Assertion (A) : Transfers from Abroad (remittances) are to be recorded on the credit side of capital account of Balance of Payments (BoP).Reason (R) : All the transactions that lead to inflow of foreign currency from the rest of the world are recorded on the credit side of Balance of Payments (BoP).
Official answer
(D)
Assertion (A) is false, but Reason (R) is true.
Marking-scheme solution
(D)
Assertion (A) is false, but Reason (R) is true.
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CBSE Class 12 Economics past-paper question from the 2026 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.