Question : It refers to those transactions that are undertaken to cover the gap in the balance of payment.
Option 1: Visible items
Option 2: Invisible items
Option 3: Accommodating items
Option 4: Autonomous items
Correct Answer: Accommodating items
Solution : Autonomous items Autonomous items refers to those transactions that are taken to cover the gap in the balance of payment. Hence option C is correct.
Question : It refers to those international economic transactions, which takes place due to some economic motive such as profit maximisation.
Question : These items are known as above the line items.
Question : These items are known as below the line items.
Question : _________ refers to difference between the amount of exports and imports of goods.
Question : Under ______________, transactions of capital nature are not recorded.
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