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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
    For balance of payments to be in equilibrium, which of the following will happen?

    A) Surplus in current account equals to deficit in capital account

    B) Surplus in capital account equals to deficit in current account

    C) Either (a) or (b)

    D) Neither (a) nor (b)

    Correct Answer: C

    Solution :

    In order to attain equilibrium in BoP, there will be deficit in one account and surplus in the other of equivalent amount.


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