CUET PYQs for Balance of payments (BOP) with Solutions: Practice CUET Previous Year Questions

Content Writer | Journalism Graduate | Updated 3+ months ago

Balance of payments (BOP) is an important topic in the Economics section in CUET exam. Practising this topic will increase your score overall and make your conceptual grip on CUET exam stronger.

This article gives you a full set of CUET PYQs for Balance of payments (BOP) with explanations for effective preparation. Practice of CUET Economics PYQs including Balance of payments (BOP) questions regularly will improve accuracy, speed, and confidence in the CUET 2026 exam.

CUET PYQs for Balance of payments (BOP) with Solutions

1.
How will the purchase of Rafael planes by India from France be recorded in the balance of payments account?
- Credited to the current account
- Debited to the current account
- Credited to the capital account
- Debited to the capital account
View Solution

2.
Match List I with List II
List I List II
A. Balance of Trade I. International transaction related to financial assets
B. Balance of payment II. Export and import of services
C. Net invisibles III. Goods, Service and Transaction in assests
D. Balance on capital accounts IV. Export and import of goods
Choose the correct answer from the options given below :

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

View Solution

3.
In Balance of Trade Account, imports are entered as :
- Credit Item
- Debit Item
- Neither debit nor credit Item
- Surplus Item
View Solution
4.
A surplus current account means
A. Receipts > Payments
B. Receipts = Payments
C. Receipts < Payments
D. Receipts > Price of commodity
E. Receipts = Total Sale
Choose the correct answer from the options given below :
- A and D only
- B and E only
- A only
- C only
View Solution
5.
Choose the correct sequence :
A. Factor payments
B. Goods and services produced and sold in the market
C. Supply of factors of production by the households
D. Spending on goods and services
Choose the correct answer from the options given below :
- B, C, D, A
- C, B, A, D
- A, B, D, C
- A, B, C, D
View Solution
6.
How will the export of machinery be recorded in the balance of payment account of an economy?
- Current account, debit side
- Capital account, debit side
- Current account, credit side
- Capital account, credit side
View Solution
7.
Current A/C of Balance of payment does not include :
- Portfolio Investment
- Visible items
- Irrvisible Items
- Transfer payments
View Solution

8.
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

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

View Solution

9.
From the following transactions which transaction will be recorded in the current account of the balance of payments:
- Indian buys French car company
- Indian buys French made car from France
- Sale of shares of Indian company to French customers
- Purchase of shares of French company by Indian customers
View Solution
10.
Identify the source/example of Portfolio Investment being part of Capital Account item of Balance of Payments.
- Net invisible
- Direct investment made by foreign people
- Investment made by foreign institutional investors in the stock market
- External Commercial Borrowings
View Solution

11.
Match List - I with List- II.
List - I List - II&
(A) Current Account Surplus (I) Export of invisibles - Import of Invisibles
(B) Balanced Current Account (II) Receipts \(>\) Payments
(C) Net Invisibles (III) Receipts = Payments
(D) Current Account Deficit (IV) Receipts \(<\) payments

Choose the correct answer from the options given below:

List - I	List - II&
(A) Current Account Surplus	(I) Export of invisibles - Import of Invisibles
(B) Balanced Current Account	(II) Receipts \(>\) Payments
(C) Net Invisibles	(III) Receipts = Payments
(D) Current Account Deficit	(IV) Receipts \(<\) payments

А-II, В-III, C-I, D-IV
A-III, B-I, C-IV, D-II
A-I, B-II, C-III, D-IV
A-IV, B-III, C-I, D-II

View Solution

12.
Match List-I with List-II:
List-I
List-II
A Pegged exchange rate system (I) Setting up of IMF and World Bank
B Managed floating (II) Fixed exchange rate system
C Bretton Woods Conference (III) Dirty floating
D Third element in BOP (IV) Error and Omission Account

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

View Solution

View more CUET Questions

SHARE ON FACEBOOK SHARE ON TWITTER

Comments

No Comments To Show

SUBSCRIBE TO OUR NEWS LETTER

COLLEGE NOTIFICATIONS

EXAM NOTIFICATIONS

NEWS UPDATES

Download the Collegedunia app on

List I		List II
A.	Balance of Trade	I.	International transaction related to financial assets
B.	Balance of payment	II.	Export and import of services
C.	Net invisibles	III.	Goods, Service and Transaction in assests
D.	Balance on capital accounts	IV.	Export and import of goods

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

List-I		List-II
A	Pegged exchange rate system	(I)	Setting up of IMF and World Bank
B	Managed floating	(II)	Fixed exchange rate system
C	Bretton Woods Conference	(III)	Dirty floating
D	Third element in BOP	(IV)	Error and Omission Account

CUET PYQs for Balance of payments (BOP) with Solutions

1.How will the purchase of Rafael planes by India from France be recorded in the balance of payments account?

3.In Balance of Trade Account, imports are entered as :

4.A surplus current account means A. Receipts > PaymentsB. Receipts = PaymentsC. Receipts < PaymentsD. Receipts > Price of commodityE. Receipts = Total SaleChoose the correct answer from the options given below :

5.Choose the correct sequence :A. Factor paymentsB. Goods and services produced and sold in the marketC. Supply of factors of production by the householdsD. Spending on goods and servicesChoose the correct answer from the options given below :

6.How will the export of machinery be recorded in the balance of payment account of an economy?

7.Current A/C of Balance of payment does not include :

8.Match List-I with List-II:List-I(Elements)List-II(Features)AAnnual Financial Statement(I)Create liabilities or reduce financial assetsBCapital Receipts(II)Trade surplusCCapital Payment(III)Main budget documentDExport \(>\) Import(IV)Create financial assets or reduce liabilities

9.From the following transactions which transaction will be recorded in the current account of the balance of payments:

10.Identify the source/example of Portfolio Investment being part of Capital Account item of Balance of Payments.

12.Match List-I with List-II:List-IList-IIAPegged exchange rate system(I)Setting up of IMF and World BankBManaged floating(II)Fixed exchange rate systemCBretton Woods Conference(III)Dirty floatingDThird element in BOP(IV)Error and Omission Account

Comments

SUBSCRIBE TO OUR NEWS LETTER

1.
How will the purchase of Rafael planes by India from France be recorded in the balance of payments account?

3.
In Balance of Trade Account, imports are entered as :

4.
A surplus current account means
A. Receipts > Payments
B. Receipts = Payments
C. Receipts < Payments
D. Receipts > Price of commodity
E. Receipts = Total Sale
Choose the correct answer from the options given below :

5.
Choose the correct sequence :
A. Factor payments
B. Goods and services produced and sold in the market
C. Supply of factors of production by the households
D. Spending on goods and services
Choose the correct answer from the options given below :

6.
How will the export of machinery be recorded in the balance of payment account of an economy?

7.
Current A/C of Balance of payment does not include :

9.
From the following transactions which transaction will be recorded in the current account of the balance of payments:

10.
Identify the source/example of Portfolio Investment being part of Capital Account item of Balance of Payments.

12.
Match List-I with List-II:
List-I
List-II
A Pegged exchange rate system (I) Setting up of IMF and World Bank
B Managed floating (II) Fixed exchange rate system
C Bretton Woods Conference (III) Dirty floating
D Third element in BOP (IV) Error and Omission Account