NextQ15

Giving valid reasons, state whether the following statements are true or false : (i) Dividend received from investment abroad is recorded on the credit side of the capital account. (ii) Depreciation of the Indian Currency will lead to promotion of Indian exports. Distinguish between Autonomous transactions and Accommodating transactions.

Introduction to Balance of PaymentsStudy Simplify SpecialPYQ1MCQ
Question 14

'Deficit' in Balance of Payment (BOP) refers to the excess of ______. (Choose the correct alternative)

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