In a BOP crisis, foreign reserves of the economy are generally rising. State true or false.
True
False
During a BOP crisis, foreign reserves are usually falling.
State the following true or false:
(a) Accommodating items are undertaken in order to balance the BOP account.
(b) Foreign exchange received on account of textile will be recorded in the capital account of the BOP.
(c) Autonomous items are also known as "Below the line items".
Economies of U.K. and U.S.A are termed as the capitalist economy or market economy. State true or false.
The generation of large export surplus during Colonial rule proved tremendous advantageous to the Indian economy. State true or false.