The transactions which are determined by the gap in the balance of payments, whether a deficit or
surplus is called :
(
This question was previously asked in
Shift 01/06/2023 8:30 AM - 11:30 AM
A
Dirty floating transactions
B
Accommodating transactions
C
Availability transactions
D
Managed floating transactions
Correct Answer
Accommodating transactions
Detailed Explanation
The transactions that are determined by the gap in the balance of payments, whether it is a deficit or surplus, are typically referred to as Accommodating transactions.
1. Managed Floating: In a managed floating exchange rate system, the exchange rate is primarily determined by market forces (supply and demand for foreign exchange), but the central bank or monetary authority of a country intervenes as needed to influence the exchange rate when necessary.
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