Advertisements
Advertisements
Question
Categorise the following item into Current Account or Capital Account of Balance of Payment of India.
Loan taken by India from International Monetary Fund (IMF) to cover its BOP deficit
Solution
Capital Account
APPEARS IN
RELATED QUESTIONS
What is meant by the depreciation of domestic currency?
Will the following be included in the domestic product of India? Give reasons for your answer.
Profit earned by foreign companies in India
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
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
Where will the sale of machinery to abroad be 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
What is 'current account deficit' in the balance of payments?
Distinguish between 'autonomous' and accommodating' Balance of Payments transactions.
Explain the concept of 'deficit' in balance of payments.
Briefly explain two reasons for the adverse Balance of Payments in any economy.
______ refers to the currency notes and coins being issued by the monetary authorities of India (RBI and government of India) as a legal medium of payment.
Which of the following is not the component of Balance of Payment?
The following information is given for an imaginary country:
| Current Account | Amount (in ₹’000 Crore) |
| Visible Exports | 100 |
| Visible Imports | 150 |
| Invisible Exports | 70 |
| Invisible Imports | 30 |
| Net current transfer balance | 15 |
Balance on current account will be ____________ of ₹ ______ thousand Crore.
Briefly explain the effect of the following on the Balance of Payment of a country.
Inflationary pressure in the economy
List different components of Balance of Payment on current account and capital account.
