Post Utme Rsu 2023 Economics Question 30

Practice objective / multiple choice question 30 from the 2023 Post Utme Rsu Economics examination.

Post Utme Rsu 2023 Economics Objective / Multiple Choice
Question 30 POST_UTME_RSU • 2023 • ECONOMICS • objective

A country's balance of payments is in equilibrium when the current account and capital account are balanced. If a country's current account is in deficit by ₦100 billion and its capital account is in surplus by ₦150 billion, what is the balance of payments balance?

Answer Options

Correct Answer A. ₦50 billion surplus
B. ₦50 billion deficit
C. ₦100 billion surplus
D. ₦100 billion deficit
Correct Answer
A
Correct Option:
₦50 billion surplus

About This Question

This is Post Utme Rsu 2023 Economics Question 30. It is one of the objective questions from the 2023 Post Utme Rsu Economics examination.

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