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NextQ4

Read the following statements – Assertion (A) and Reason (R). Choose one of the correct alternatives given below : Assertion (A) : The Balance of Payments is in surplus, if autonomous receipts are greater than autonomous payments. Reason (R) : Autonomous transactions are determined by the difference in the Balance of Payments. Alternatives :

Introduction to Balance of PaymentsStudy Simplify SpecialPYQ1MCQ
Question 3

Gifts and remittances sent abroad are recorded on the ______ side of the ________ account in Balance of Payment. (Choose the correct alternative to fill up the blanks)

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