Economics Crossword

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Across
  1. 3. Exchange of goods for goods.
  2. 4. Anything which acts as a medium of exchange, measure of value, store of value and standard for deferred payment
  3. 6. Excess of total expenditure over total receipts during a fiscal year.
  4. 7. It is a type of bank which is an apex institution that controls, operates, directs and regulates the monetary and financial structure in an economy.
  5. 8. The type of exchange rate at which the demand and supply for foreign exchange becomes equal.
  6. 9. Rise in the price of domestic currency in terms of all foreign currencies under a fixed exchange rate regime
  7. 10. It is a type of bank which accepts deposits, lends money and makes investment with a motive of earning profit.
Down
  1. 1. Reduction in the price of domestic currency in terms of all foreign currencies under a fixed exchange rate regime.
  2. 2. Excess of revenue expenditure over revenue receipts during a given fiscal year represents which type of deficit.
  3. 5. It is an account that records all transactions relating to export and import of goods, services and unilateral transfers during a given period.