CUET CUET Economics 2024 - Match List-I with List-II : | PYQs + Solutions

CUET Economics 2024

Economics

Government Budget

Easy

Match List-I with List-II
List-I (Elements)	List-II (Features)
(A) Annual Financial Statement	(I) Create liabilities or reduce financial assets
(B) Capital Receipts	(II) Trade surplus
(C) Capital Payment	(III) Main budget document
(D) Export - Import	(IV) Create financial assets or reduce liabilities

Match List-I with List-II :

(A) - (I), (B) - (II), (C) - (III), (D) - (IV)

(A) - (III), (B) - (I), (C) - (IV), (D) - (II)

(A) - (I), (B) - (III), (C) - (IV), (D) - (II)

(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

Correct Option: 2

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Annual Financial Statement → (III) Main budget document: This document outlines the government's financial plans.

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Capital Receipts → (I) Create liabilities: These are funds raised by the government, increasing debt.

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Capital Payment → (IV) Create financial assets: Payments that acquire assets or reduce debt.

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Export - Import → (II) Trade surplus: Difference when exports exceed imports.

Thus, the correct matches are: (A) - (III), (B) - (I), (C) - (IV), (D) - (II).