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Economics · 2024 · 1 mark
CBSE 2024 · Region 3 · Set 1 · Q10
Read the following statements : Assertion (A) and Reason (R). Choose the correct alternative from those given below :Assertion (A) : In case of an unfavourable Balance of Trade, the Current Account of the nation may be in surplus.Reason (R) : Net invisible receipts of a nation can exceed the Net visible receipts.Alternatives :
Official answer
From CBSE’s own marking scheme for this paper.
(A)
Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of the Assertion (A).
Marking-scheme solution
(A)
Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of the Assertion (A).
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