Balance of Payment (BoP) #BalanceOfPayment #BoP
The BoP of a country is a systematic record of all its economic transactions with the outside world in a given year.
The balance of payments in the India is composed of 3 subaccounts:
- the current account,
- the capital account and
- the forex reserves.
FOR MORE DETAIL NOTES in This Topic… JUST STAY CONNECTED
For Videos Join us on Youtube-
541 total views, 2 views today
Please follow and like us: