Balance of payments

which is systematic record ofall the economic transactions between one country and rest of the world

• Balance of trade

• Balance of transactions

• Budget

• Balance of payments

which one of the following items is an intangible item in balance of payments statement?

• Export of food grain

• import of crude oil

• banking services provided in other countries

• import of steel by steel industry

Capital account may be

• Private capital

• Banking capital

• official capital

• all of them

current transaction are of which nature?

• flow

• stock

• both a and b

• none of above

Current account of BOP records transactions is related to

• exchange of goods

• exchange of service

• unilateral transactions

• all of above

Balance of trade is measuredas:

• Dfference between import and export of goods

• difference between import and export of services

• Difference between import and export of capital

• Difference betwee all import and all export

current account may be

• visible items

• invisible items

• unilateral transactions

• all of above

Balance of trade is Rs (-) 150crs and value of exports are Rs 350 crs.In this case value of imports will be

• Rs 200crs

• Rs 300crs

• Rs 400 crs

• Rs 500crs

which one of the following items are not the transactions of balance of trade

• Export of jute

• import of steel

• Banking services providedin other countries

• import of food items

if India export goods worth rs 20 crs and imports goods worth rs 30 crs.it will have a

• surplus of rs10 crs in balance of trade

• deficit of rs10 crs in balance of trade

• deficit of rs50 crs in balance of trade

• none of above