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Foreign Exchange Transactions which are endent of other transactions in the Balance of Payments Account are called:
Current transactions.
Capital transactions.
Autonomous transactions.
Accommodating transactions.
Option (3) is correct. Explanation: Autonomous transactions are independent of the state of BOP Account. For example, if a foreign company is making investments in India with the aim of earning profit, then such a transaction is independent of the country's BOP situation.
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