Question

Which of these not an autonomous transactions in bop?

Answer 1

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Answer 2

Answer:

Accommodating transactions for example Drawings from SDR, borrowings from IMF or national banks of different nations are not autonomous transactions in a BOP.

Explanation:

Autonomous transactions-

Drawings from SDR, borrowings from IMF or national banks of a different nation. These allude to global financial transactions that occur because of a few monetary thought processes like acquiring pay and profit augmentation. They don't have anything to do with unfamiliar trade payments. Since such transactions are free of the condition of the nation's balance of payment, i.e., independent of whether BOP is positive or negative, they are, consequently, called autonomous things.

Examples of Autonomous transactions on BoP

• commodities and imports of merchandise.
• pay receipts and payments.
• move receipts and payments.
• commodities and imports of administrations.

Accommodating transactions -

These allude to transactions that happen to cover deficits (or excess) emerging from autonomous transactions. These things are additionally called 'underneath the details'. As a result of government funding, official settlements are viewed as accommodating things to keep the BOP character.

To meet the deficit, govt. may get from abroad or make withdrawals from unfamiliar trade saves. The official repayment approach depends on the understanding that money related authority is a definitive lender of any deficit in BOP or a definitive beneficiary of any excess.

Examples: Drawings from SDR, borrowings from IMF or national banks of different nations and so on.