Question:medium

Surplus in Balance of Payments (BOP) refers to the excess of ______ . 
(Choose the correct alternative to fill in the blank)

Show Hint

Remember: A surplus in the balance of payments (BOP) occurs when total receipts exceed total payments, whereas a deficit occurs when total payments exceed total receipts.
Updated On: Jan 13, 2026
  • Autonomous payments over Autonomous receipts
  • Current Account payments over Autonomous receipts
  • Capital Account receipts over Capital Account payments
  • Autonomous receipts over Autonomous payments
Show Solution

The Correct Option is D

Solution and Explanation

A Balance of Payments (BOP) surplus arises when autonomous receipts (like exports and foreign investments) surpass autonomous payments (such as imports and foreign aid). This signifies a favorable net position in a nation's international economic activities.
Was this answer helpful?
0

Top Questions on Money and Inflation

Questions Asked in CBSE Class XII exam