Advertisements
Advertisements
प्रश्न
Foreign exchange transactions which are independent of other transactions in the Balance of Payments Account are called ______.
पर्याय
Current transactions
Capital transactions
Autonomous transactions
Accommodating transactions
उत्तर
Foreign exchange transactions which are independent of other transactions in the Balance of Payments Account are called autonomous transactions.
Explanation:-
An autonomous item in balance of payment refers to foreign exchange transactions which are made independently of the state of the balance of payment, such as profit motive.
APPEARS IN
संबंधित प्रश्न
Give the meaning of balance of payments.
Distinguish between current account and capital account
Will the following be included in the domestic product of India? Give reasons for your answer.
Profit earned by foreign companies in India
Will the following be included in the national income of India? Give reasons for your answer
Salaries of Indians working in the American Embassy in India
Where will the sale of machinery to abroad be recorded in the Balance of Payments Accounts? Give reasons.
What is 'current account deficit' in the balance of payments?
How is balance of payment 'deficit' measured? Explain.
Balance of Payments of an economy records ____________ for a fiscal year.
Briefly explain two reasons for the adverse Balance of Payments in any economy.
______ 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.
Briefly explain the effect of the following on the Balance of Payment of a country.
Appreciation in the domestic exchange rate.
If autonomous payments are higher than autonomous receipts, how can BOP be brought into balance?
List different components of Balance of Payment on current account and capital account.
