Read the following statements - Assertion (A) andReason (R):Assertion (A) : Acquisition of a domestic (Indian) company by a foreign (Australian) company will be recorded on the Sample Paper 3 credit side of Balance of Payment Account.Reason (R) : It leads to outflow of foreign exchange from the domestic economy. From the given alternatives choose the correct one:

🎲 Try a Random Question  |  Total Questions in Quiz: 44  |  🧠 Study this quiz with Flashcards
This question is part of a full practice quiz:
CUET-UG Economics / Business Economics Test Questions — practice the complete quiz, review flashcards, or try a random question.

Topics covered by the exam incude: 

Microeconomics, Consumer Behaviour and Demand; Producer Behaviour and Supply; Forms of Market and Price Determination; Simple    
Applications of Tools of Demand and Supply Curves   

Macroeconomics—National Income and Related Aggregates — Basic Concepts and Measurement; Determination of Income and Employment; Money and Banking; Government Budget and the Economy; Balance of Payments; Indian Economy; Passage Based Multiple Choice Questions    


Read the following statements - Assertion (A) and<br>Reason (R):<br>Assertion (A) : Acquisition of a domestic (Indian) company by a foreign (Australian) company will be recorded on the Sample Paper 3 credit side of Balance of Payment Account.<br>Reason (R) : It leads to outflow of foreign exchange from the domestic economy. From the given alternatives choose the correct one:






ADVERTISEMENT