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प्रश्न
State the meaning of autonomous items, under Balance of Payments of India, with the help of an example.
लघु उत्तरीय
उत्तर
- Autonomous Items These trades are performed for profit and are unaffected by the state of the BoP.
- They include transactions such as foreign investments and official reserves.
- For example, if a foreign business decides to invest in India, it is an autonomous item because their decision is not influenced by India's economy.
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