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Assertion (A): The Balance of payments is in surplus, if autonomous receipts are greater than autonomous payments. Reason (R): Autonomous transactions are determined by - Economics

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प्रश्न

Assertion (A): The Balance of payments is in surplus, if autonomous receipts are greater than autonomous payments.

Reason (R): Autonomous transactions are determined by the difference in the Balance of Payments.

विकल्प

  • Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).

  • Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion (A).

  • Assertion (A) is true, but Reason (R) is false.

  • Assertion (A) is false, but Reason (R) is true.

MCQ

उत्तर

Assertion (A) is true, but Reason (R) is false.

Explanation:

Surplus in BOP occurs when Autonomous Receipts (both current and capital) exceed Autonomous Payments (both current and capital). The difference in BOP determines which transactions can be accommodated. These are done on purpose by the RBI after determining whether the BOP is in deficit or surplus.

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Balance of Payments - Balance of Payments Surplus and Deficit
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2022-2023 (March) Outside Delhi Set 1

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