When autonomous (above-the-line) receipts fall short of autonomous payments, the country needs to make accommodating transactions to cover the gap. This situation is called a deficit in the balance of payments. A surplus occurs when autonomous receipts exceed autonomous payments.
When autonomous receipts are less than autonomous payments. The balance of payments is in :
CUET UG 2023 — Economics Macro
2023mcqeasy
When autonomous receipts are less than autonomous payments. The balance of payments is in :
Official previous-year question
Verified 13 Jul 2026.
Options
- A
Surplus
- B
Deficit
- C
Balanced
- D
Equilibrium
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