Balance of payments

Front

Balance of payment is measured as

Back

Difference between all receipts of foreign exchange and payment of foreign exchange

Front

Balance of trade is measured as

Back

Difference between import and export of goods

Front

In which category are transactions of balance of trade recorded?

Back

Visible items

Front

Current account records transactions relating to: Export and import of goods, Non factor and factor income, Current transfers

Back

All of these

Front

Which of the following items relate to BOP on capital account?

Back

Foreign investment, Loans, NRI remittances

Front

Which of the following are not included in balance of trade?

• Payment of interest and dividend
• Expenditure by tourists
• Borrowing from rest of the world
• All of these

Back

All of these

Front

If the value of visible exports exceeds the value of visible imports, what does the balance relate to?

Back

Balance of trade

Front

Unilateral transfers are

Back

One sided payments

Front

When does a surplus occur in the Balance of Payments (BOP)?

Back

Receipts > payments

Front

Balance of payments is in this equilibrium when

Back

All of these