Question

Foreign Exchange Thansactions which are independent of other transactions in the Balance of Payments Account are called:

विकल्प

• Current transactions

• Capital transactions

• Autonomous transactions

• Accommodating transactions

Answer 1

Autonomous transactions

Explanation:

Autonomous transactions are not affected by the current state of the BOP account. For instance, if a foreign corporation invests in India with the intention of profiting, the transaction is unaffected by the country's BOP state.