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  3. 12th Class
  4. Economics
  5. Financial Market / वित्तीय बाजार

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

  • question_answer
    At the state of equilibrium in balance of payments, there will be deficit in either of the accounts. Deficit in which account will be considered as better?

    A) Current account

    B) Capital account

    C) Both (a) and (b)

    D) Neither (a) nor (b)

    Correct Answer: B

    Solution :

    A deficit in capital account of BoP is considered as better as it might lead to formation of assets or reduction of liabilities.


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