Q.

If the balance on current and capital accounts of Balance of Payments (BoP) taken together is negative, then

A. It is a case of BoP surplus
B. It is a case of BoP surplus where the official reserve account is in surplus
C. It is a case of BoP deficit
D. It is case of BoP disequilibrium
Answer» C. It is a case of BoP deficit
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