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Economics · 2026 · 1 mark
CBSE 2026 · Region 1 · Set 1 · Q8
Read the following statements: Assertion (A) and Reason (R). Choose the correct option from those given below: Assertion (A): Unilateral Transfers…
Read the following statements : Assertion (A) and Reason (R). Choose the correct option from those given below :Assertion (A) : Unilateral Transfers are recorded in the Current Account of the Balance of Payments (BoP) of a nation.Reason (R) : Capital account records transactions which cause a change in the assets or liabilities of the country.
Official answer
(B)
Both Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation of Assertion (A).
Marking-scheme solution
(B)
Both Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation of Assertion (A).
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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.