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What do you mean by Balance of payments? - Commerce

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प्रश्न

What do you mean by Balance of payments?

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उत्तर

Balance of payment refers to a systematic record of all economic transactions between the residents of one country and the residents of foreign countries during a particular period of time.

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

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सामाचीर कलवी Commerce [English] Class 11 TN Board
पाठ 28 Balance of Trade and Balance of Payments
Exercises | Q II. 1. | पृष्ठ २९६
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