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Solution - Balance of Payments Deficit Meaning

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Explain the meaning of balance of payments deficit.

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Balance of Payments ‘deficit’ is the excess of: (choose the correct alternative)

a. Current account payments over current account receipts.

b. Capital account payments over capital account receipts.

c. Autonomous payments over autonomous receipts.

d. Accommodating payments over a accommodating receipts.

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Solution for concept: Balance of Payments Deficit Meaning. For the courses 12th CBSE (Arts), 12th CBSE (Commerce), 12th CBSE (Science)
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