Explain the distinction between Autonomous and Accommodating transacti

1.	Explain the distinction between Autonomous and Accommodating transactions in 'balance of payments'. Also explain the concept of balance of payments 'deficit' in this context.
Answer» Autonomous transactions are those 'which are not influenced by other transactions in Balance of Payment Account. Accommodating transactions are those which are undertaken to cover Deficit /Surplus in BOP. Deficit in the BOP occurs when autonomous foreign exchange receipts fall short of autonomous foreign exchange payments. Autonomous transactions the transaction not influenced by other transactions in the BOP.

Explain the distinction between Autonomous and Accommodating transactions in 'balance of payments'. Also explain the concept of balance of payments 'deficit' in this context.

Answer»

Autonomous transactions are those 'which are not influenced by other transactions in Balance of Payment Account. Accommodating transactions are those which are undertaken to cover Deficit /Surplus in BOP.

Deficit in the BOP occurs when autonomous foreign exchange receipts fall short of autonomous foreign exchange payments. Autonomous transactions the transaction not influenced by other transactions in the BOP.

Discussion

No Comment Found

Related InterviewSolutions

What were the two main occupations of the Rig Vedic Aryans?
Name the two political institutions which exercised check on the powers of the King in the Rig Vedic period.
What w’as the position of women in the Rig Vedic age ?
Describe the social life of the Rig Vedic Aryans with reference to the following: (a) The Family Structure (b) Position of Women (c) Varna System
With reference to the following explain the main features of the Rig Vedic Economy: (a) Agriculture (b) Domestication of Animals (c) Trade Transactions, Crafts and Transportation
Mention any two archaeological sources to reconstruct the later Vedic Age.
Mention any two of the Ashrams in the life of a man in Aryan society.
What information do we gather from the later Vedic literature in respect of: (a) Spread of Vedic Civilization to many New Regions. (b) Role of Iron in later Vedic Economy.
Mention briefly the rituals and sacrifices of the later Vedic Aryans?
What is the message of the Bhagavad Gita?

Explain the distinction between Autonomous and Accommodating transactions in 'balance of payments'. Also explain the concept of balance of payments 'deficit' in this context.

Discussion

No Comment Found

Related InterviewSolutions

Reply to Comment