Question:

Surplus in Balance of Payments (BOP) refers to the excess of ______ . 
(Choose the correct alternative to fill in the blank)

Show Hint

Remember: A surplus in the balance of payments (BOP) occurs when total receipts exceed total payments, whereas a deficit occurs when total payments exceed total receipts.
Updated On: Jan 30, 2025
  • Autonomous payments over Autonomous receipts
  • Current Account payments over Autonomous receipts
  • Capital Account receipts over Capital Account payments
  • Autonomous receipts over Autonomous payments
Hide Solution
collegedunia
Verified By Collegedunia

The Correct Option is D

Solution and Explanation

A surplus in the Balance of Payments (BOP) occurs when the inflow of autonomous receipts (e.g., exports, foreign investments) exceeds the outflow of autonomous payments (e.g., imports, foreign aid). It indicates a positive balance in the country's international transactions.
Was this answer helpful?
0
0

Questions Asked in CBSE CLASS XII exam

View More Questions