The measurement of Balance of Payments deficit is based on -----transactions.
Show Hint
- Autonomous
- Accommodating
- Current account
- Capital account
The Correct Option is A
Solution and Explanation
The Balance of Payments (BOP) deficit is primarily measured based on autonomous transactions, which are transactions conducted due to economic motives and not influenced by the country's monetary policies. Autonomous transactions include trade in goods and services, income payments, and capital movements.
Conclusion: The correct answer is (A), as BOP deficit is based on autonomous transactions.
Top Questions on The elasticity of demand and its measurement
- The following table provides different statistical model specifications along with the elasticity of yt with respect to xt. Which one of the following options is correct ?
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Questions Asked in GATE XH-C1 exam
The 12 musical notes are given as \( C, C^\#, D, D^\#, E, F, F^\#, G, G^\#, A, A^\#, B \). Frequency of each note is \( \sqrt[12]{2} \) times the frequency of the previous note. If the frequency of the note C is 130.8 Hz, then the ratio of frequencies of notes F# and C is:
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