Q. If the balance on current and capital accounts of Balance of Payments (BoP) taken together is negative, then (Solved)
1. It is a case of BoP surplus
2. It is a case of BoP surplus where the official reserve account is in surplus
3. It is a case of BoP deficit
4. It is case of BoP disequilibrium
- c. It is a case of BoP deficit