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