Which of the following is incorrect about accommodating transactions of the BoP? Option 1: They are termed 'below the line' items. Option 2: These are determined by the gap in the balance of payments. Option 3: They are independent of the state of BoP. Option 4: They are made to bridge the gap in the BoP.

The answer is 'They are independent of the state of BoP.'. View full solution:

CUET Economics - Which of the following is incorrect about accommodating transactions of the BoP? | PYQs + Solutions

CUET Economics 2025 16 May Shift 1

Macro

Medium

They are termed 'below the line' items.

These are determined by the gap in the balance of payments.

They are independent of the state of BoP.

They are made to bridge the gap in the BoP.

✅ Correct Option: 3