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Define Balance of payments - Commerce

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प्रश्न

Define Balance of payments

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उत्तर

According to International Monetary Fund, “The balance of payments for given period is a systematic records of all economic transactions taken place during the period between residents of the reporting countries.”

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Concept of Balance of Payments (BOP)
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अध्याय 28: Balance of Trade and Balance of Payments - Exercises [पृष्ठ २९६]

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सामाचीर कलवी Commerce [English] Class 11 TN Board
अध्याय 28 Balance of Trade and Balance of Payments
Exercises | Q II. 3. | पृष्ठ २९६
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