Match the following.

List-I (Concepts) List-II (Meaning)

a. Globalisation 1. It conforms to the principle of double entry book keeping

b. Balance of Payment 2. Intergration with the world economy

c. Merchandise 3. It occurs on account of business cycles

d. Cyclical Disequilibrium 4. It includes sale and purchase of goods to from foreign countries

A) a-4, b-3, c-2, d-1 B) a-3, b-1, c-2, d-4 C) a-2, b-1, c-4, d-3 D) a-4, b-1, c-2, d-3

Answer & Solution

Correct Answer: Option C

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List-I (Concepts)	List-II (Meaning)
a. Globalisation	1. It conforms to the principle of double entry book keeping
b. Balance of Payment	2. Intergration with the world economy
c. Merchandise	3. It occurs on account of business cycles
d. Cyclical Disequilibrium	4. It includes sale and purchase of goods to from foreign countries