Advertisements
Advertisements
प्रश्न
Mention any one difference between Balance of Trade and Balance of Payment.
उत्तर
The Balance of Trade is an account of national import and export of goods with regard to the rest of the globe.
The Balance of Payment describes every economic transaction made by a country towards the rest of the world.
APPEARS IN
संबंधित प्रश्न
Foreign exchange transactions which are independent of other transactions in the Balance of Payments Account are called ______.
Indian investors borrow from abroad. Answer the following:
a. In which sub-account and on which side of the Balance of Payments Account will this borrowing be recorded? Give reason.
b. Explain what is the impact of this borrowing on exchange rate.
Give the meaning of balance of payments.
Distinguish between current account and capital account
Distinguish between an autonomous transaction and accommodating transactions of the balance of payments account.
Will the following be included in the national income of India? Give reasons for your answer
Financial assistance to flood victims
Will the following be included in the national income of India? Give reasons for your answer
Profit earned by the branches of a foreign bank in India
Name the broad categories of transactions recorded in the 'capital account' of the Balance of Payments Account
Where is 'borrowings from abroad' recorded in the Balance of Payments Accounts? Give reasons.
Give the meanings of 'autonomous' transactions and 'accommodating' transactions in the Balance of Payments Accounts.
Give the meanings of Balance of Trade and Balance on Current Account of Balance of Payments Accounts
What is 'current account deficit' in the balance of payments?
State the components of capital account of balance of payments.
Which of the following is not the component of Balance of Payment?
Identify the correctly matched pair of items in Column A to those in Column B:
| Column A | Column B | ||
| 1 | Total of factor payments | (a) | Value Added Method |
| 2 | Value Added | (b) | Stock Variable |
| 3 | Festival gifts | (c) | Transfer payments |
| 4 | Final expenditure incurred by the government | (d) | Consumption expenditure |
A balance of payments is an accounting statement that provides a systematic record of all the ______ transactions between the residents of a country and the rest of the world during a given period of time.
Briefly explain the effect of the following on the Balance of Payment of a country.
Appreciation in the domestic exchange rate.
List different components of Balance of Payment on current account and capital account.
