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प्रश्न
Give the meaning of balance of payments.
उत्तर
A balance of payments (BOP) gives a systematic record of all economic transactions between the residents and the rest of the world during a particular period of time
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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 such lending is recorded? Give reasons.
(b) Explain the impact of the lending on market exchange rate.
Will the following be included in the domestic product of India? Give reasons for your answer.
Profit earned by a branch of State Bank of India in Japan
Will the following be included in the national income of India? Give reasons for your answer
Salaries of Indians working in the American Embassy in India
Name the broad categories of transactions recorded in the 'capital account' of the Balance of Payments Account
Name the broad categories of transactions recorded in the 'current account' of the Balance of Payments Accounts
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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?
Explain the concept of 'deficit' in balance of payments.
Answer the following question.
Discuss the various components of the current account of the balance of payment.
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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.
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Current Account | Amount (in ₹’000 Crore) |
Visible Exports | 100 |
Visible Imports | 150 |
Invisible Exports | 70 |
Invisible Imports | 30 |
Net current transfer balance | 15 |
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If autonomous payments are higher than autonomous receipts, how can BOP be brought into balance?
List different components of Balance of Payment on current account and capital account.