Advertisements
Advertisements
Question
The Balance of Payments councils consists of ______.
Options
Current Account
Capital Account
Receipts and Payments Account
Both Current Account and Capital Account
Solution
The Balance of Payments councils consists of Both Current Account and Capital Account.
APPEARS IN
RELATED QUESTIONS
Distinguish between balance of trade and balance on current account?
Differentiate between balance of trade and current account balance.
What do you mean by Balance of trade?
What is the composition of private capital?
Distinguish balance of payment and balance of trade
Trade of visible items between the countries is known as ______.
When the import and export of visible items are equal, the situation is known as ______.
Balance of trade is measured as ______.
Suppose that the Balance of Trade (BOT) of a nation, exhibits a surplus of ₹ 20,000 crores. The import of merchandise of the nation is half of the exports of merchandise to the rest of the world.
The value of exports would be ₹ ____________ crores.
Suppose, following data is presented, for an imaginary economy:
| Year | Visible Exports | Visible Imports |
| 2010 | 280 | 240 |
| 2020 | 580 | 460 |
Identify, which of the statement about the period 2010 to 2020 is correct?
