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Economics · 2023 · 1 mark
CBSE 2023 · Region 3 · Set 1 · Q4
Read the following statements carefully: Statement 1: Import of gold from Dubai will be recorded on the debit side of the current account in Balance…
Read the following statements carefully :Statement $\displaystyle 1$ : Import of gold from Dubai will be recorded on the debit side of the current account in Balance of Payments of India.Statement $\displaystyle 2$ : Outflow of Foreign Institutional Investment (FII) from Indian stock markets will be recorded on the credit side of the capital account.In light of the given statements, choose the correct alternative from the following :
Official answer
(A)
Statement $\displaystyle 1$ is true and Statement $\displaystyle 2$ is false.
Marking-scheme solution
(A)
Statement $\displaystyle 1$ is true and Statement $\displaystyle 2$ is false.
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CBSE Class 12 Economics past-paper question from the 2023 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.