Question:medium

Match List-I with List-II:

List-I
(Elements)

List-II
(Features)

AAnnual Financial Statement(I)Create liabilities or reduce financial assets
BCapital Receipts(II)Trade surplus
CCapital Payment(III)Main budget document
DExport \(>\) Import(IV)Create financial assets or reduce liabilities

Updated On: Apr 2, 2026
  • (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)
Show Solution

The Correct Option is D

Solution and Explanation

Based on this analysis:

  • A - (III): The Annual Financial Statement functions as the Primary budgetary document.
  • B - (IV): Capital Receipts encompass transactions that Establish financial assets or diminish liabilities.
  • C - (I): Capital Payments denote transactions that Generate liabilities or decrease financial assets.
  • D - (II): The condition "Export > Import" signifies a Trade surplus, where the value of exports is greater than imports.

Consequently, the accurate pairings are: (A) - (III), (B) - (IV), (C) - (I), (D) - (II)

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