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प्रश्न
What is 'current account deficit' in the balance of payments?
उत्तर
Current account records all the transactions related to goods and services which affect the
income, output and employment of a country. A deficit in current account arises when payments for import of goods, services and unilateral payments are more than the receipts from the export of goods, services and unilateral receipts.
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संबंधित प्रश्न
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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.
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Name the broad categories of transactions recorded in the 'current account' of the Balance of Payments Accounts
Where will the sale of machinery to abroad be recorded in the Balance of Payments Accounts? Give reasons.
Where is 'borrowings from abroad' recorded in the Balance of Payments Accounts? Give reasons.
Give the meanings of Balance of Trade and Balance on Current Account of Balance of Payments Accounts
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Explain the concept of 'deficit' in balance of payments.
State the components of capital account of balance of payments.
Distinguish between Autonomous and Accommodating transactions of Balance of Payments account.
Where will sale of machinery to abroad be recorded in the balance of payment accounts?
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.
An Indian company located in India invests in a company located abroad. This transaction is entered in India's Balance of Payments Account on:
Mention any one difference between Balance of Trade and Balance of Payment.
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