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प्रश्न
Balance of Payments ‘deficit’ is the excess of: (choose the correct alternative)
a. Current account payments over current account receipts.
b. Capital account payments over capital account receipts.
c. Autonomous payments over autonomous receipts.
d. Accommodating payments over a accommodating receipts.
उत्तर
The correct option is (c). Balance of payments deficit occurs when there is excess of autonomous payments over autonomous receipts.
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Balance of Payments Deficit Meaning
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