Advertisements
Advertisements
प्रश्न
Distinguish between 'autonomous' and accommodating' Balance of Payments transactions.
उत्तर
| Autonomous transaction | Accommodating transaction |
| An autonomous transaction is shown as an item in the balance of payment (BOP). It refers to international economic transactions which are made independently of the state of the BOP, such as profit motive. |
An accommodating transaction is shown as an item in the BOP. It refers to international economic transactions which are not made with the profit motive such as government financing |
| It is also known as 'above the line items' in BOP. | It is also known as 'below the line items' in BOP |
| It is independent of the BOP condition of an economy. | It is dependent on the BOP condition of an economy because compensating short-term capital transactions are undertaken to correct the disequilibrium in the autonomous items |
संबंधित प्रश्न
Explain the distinction between autonomous and accommodating transactions in balance of payments. Also explain the concept of balance of payments 'deficit' in this context
Foreign exchange transactions which are independent of other transactions in the Balance of Payments Account are called ______.
Give the meaning of balance of payments.
Distinguish between current account and capital account
Distinguish between an autonomous transaction and accommodating transactions of the balance of payments account.
Will the following be included in the domestic product of India? Give reasons for your answer.
Profit earned by a branch of State Bank of India in Japan
Where will the sale of machinery to abroad be recorded in the Balance of Payments Accounts? Give reasons.
Give the meanings of Balance of Trade and Balance on Current Account of Balance of Payments Accounts
How is balance of payment 'deficit' measured? Explain.
State the components of capital account of balance of payments.
Answer the following question.
Discuss the various components of the current account of the balance of payment.
Where will sale of machinery to abroad be recorded in the balance of payment accounts?
______ refers to the currency notes and coins being issued by the monetary authorities of India (RBI and government of India) as a legal medium of payment.
Which of the following is not the component of Balance of Payment?
Identify the correctly matched pair of items in Column A to those in Column B:
| Column A | Column B | ||
| 1 | Total of factor payments | (a) | Value Added Method |
| 2 | Value Added | (b) | Stock Variable |
| 3 | Festival gifts | (c) | Transfer payments |
| 4 | Final expenditure incurred by the government | (d) | Consumption expenditure |
A balance of payments is an accounting statement that provides a systematic record of all the ______ transactions between the residents of a country and the rest of the world during a given period of time.
The following information is given for an imaginary country:
| Current Account | Amount (in ₹’000 Crore) |
| Visible Exports | 100 |
| Visible Imports | 150 |
| Invisible Exports | 70 |
| Invisible Imports | 30 |
| Net current transfer balance | 15 |
Balance on current account will be ____________ of ₹ ______ thousand Crore.
Mention any one difference between Balance of Trade and Balance of Payment.
