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12th Class Economics Financial Market / वित्तीय बाजार Question Bank MCQs - Balance of Payments

  • question_answer
    Balance of payments 'surplus refer to excess of

    A) Current account payment over current account receipts

    B) Capital account payment over capital account receipts

    C) Autonomous payments over autonomous receipts

    D) Autonomous receipts over autonomous payments

    Correct Answer: D

    Solution :

    Surplus in BoP is a state where receipts on account of autonomous items exceeds over autonomous payment as these are independent of BoP.


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