When autonomous receipts are less than autonomous payments. The balance of payments is in : Option 1: Surplus Option 2: Deficit Option 3: Balanced Option 4: Equilibrium

The answer is 'Deficit'. View full solution:

CUET Economics - When autonomous receipts are less than autonomous payments. The balance of payments is in : | PYQs + Solutions

CUET Economics 2023 11 June Shift 3

Macro

Easy

Surplus

Deficit

Balanced

Equilibrium

✅ Correct Option: 2

Related questions:

28 May Shift 1

Match the following:

List -I	List -II
(A) Direct Investment	(I) Bilateral Loans
(B) Portfolio Investment	(II) Equity Capital
(C) External Borrowing	(III) Off Shore Funds
(D) External Assistance	(IV) Short Term Debt

Which of the following combination is a correct match of the above?

(A) - (I), (B) - (II), (C) - (IV), (D) - (III)
(A) - (I), (B) - (II), (C) - (III), (D) - (IV)
(A) - (II), (B) - (III), (C) - (IV), (D) - (I)
(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

16 May Shift 1

Suppose the central bank of an economy records a net increase in the foreign exchange reserves for a given quarter. How will this be reflected in the balance of payments account of this economy?

28 May Shift 1

Which combination among the following represents a Geopolitical challenge in the economy.

A. Rise in inflation due to war and other natural calamities.

B. Fluctuation in economic benchmarks due to unstable government.

C. Impacting Balance of Payment due to economic sanctions on a country.

D. Failure of a firm led to a reduction in profit making.

(A), (C) and (D) only
(A), (B), (C) and (D)
(A), (B) and (C) only
(A) and (D) only

CUET Economics 2023 11 June Shift 3 PYQs

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