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Economics · 2026 · 1 mark
CBSE 2026 · Region 3 · Set 1 · Q6
Read the following statements carefully: Statement I: Trade in services includes both factor income and non-factor income transactions. Statement II:…
Read the following statements carefully :Statement I : Trade in services includes both factor income and non-factor income transactions.Statement II : Current Account includes transactions related to goods, services and unilateral transfers.In the light of the given statements, choose the correct option from the following :
Official answer
(C)
Both Statements I and II are true.
Marking-scheme solution
(C)
Both Statements I and II are 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.