Autonomous transactions occur for profit motive and are independent of the state of the BOP. They are called above-the-line items and occur in both current and capital accounts. The BOP is in surplus when autonomous receipts exceed autonomous payments, making option 4 correct.
Which of the following statement is true about Autonomous transactions?
CUET UG 2023 — Economics Macro
2023mcqmedium
Which of the following statement is true about Autonomous transactions?
Official previous-year question
Verified 13 Jul 2026.
Options
- A
These items are done to correct the imbalance of BOP Account
- B
These are also known as below the line item
- C
These only occur in capital A/c of BOP
- D
BOP is said to be in surplus if autonomous receipts are greater than autonomous payments
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