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    Question

    From the following choose the incorrect

    one: 
    A Borrowings from the Asia Development Bank by the government is an accommodating transaction. Correct Answer Incorrect Answer
    B Loans given to Nepal by the government are an accommodating transaction. Correct Answer Incorrect Answer
    C Buying of machinery from USA is an accommodating transaction Correct Answer Incorrect Answer
    D orrowing from the public is an accommodating transaction. Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Autonomous items refers to those Balance of Payment (BoP0 transactions which are undertaken for profit. Buying of Machinery is an Autonomous Transaction.

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