CUET Economics 2025 2 June Shift 1Macro > MediumBOP is said to be in surplus if autonomous receipts are greater than autonomous payments.These are also known as below the line items.These only occur in capital account of BOP.These items are done to correct the imbalance of BOP.✅ Correct Option: 1Related questions:16 May Shift 1Suppose 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?29 May Shift 2The cost of a bag increased from 8to8 to 8to12 in the US and ₹ 400 to ₹480 in India. What affect it has on the dollar in respect to exchange price?27 May Shift 2If a British resident wants to visit India on a vacation he will have to pay in ......