Foreign exchange transactions that depends upon the other foreign exchange transactions are called
a) Current account transaction
b) Capital account transaction
c) Autonomous transaction
d) Accommodating transaction
Anurag Pathak Changed status to publish August 26, 2021
Ans – d)
Accommodating transactions depends upon the other BoP transactions. Such transactions are undertaken only in the capital account and are meant for balancing deficit and surplus arises due to autonomous transactions in BoP.
Anurag Pathak Answered question August 25, 2021