Column I | Column II | ||
A. | Current account surplus | (i) | Receipts <Payments |
B. | Current account surplus | (ii) | Receipts > Payments |
C. | Balance current account | (iii) | Receipts \[\ne \] Payments |
D. | Current account deficit | (iv) | Receipts \[\le \] Payments |
A) A - (i)
B) B - (iii)
C) C - (iii)
D) D - (iv)
Correct Answer: B
Solution :
Current account surplus is the situation where total receipts exceeds total payments during a fiscal year.You need to login to perform this action.
You will be redirected in
3 sec