Which is not a feature of Balance of Payments (BOP) Account?
- It includes economic transactions.
- It has given period of time.
- It records only capital transactions.
- Trade between resident of a country and rest of the world.
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- It records only capital transactions.
BOP of a country is a systematic record of all the economic transaction between its residents and rest of the world in a given period of time, usually one year. It records both current and capital account transactions.
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Similar Questions
- 1View SolutionBalance of Payments deficit is calculated by taking into account the _______ only.
- accommodating transactions
- autonomous transactions
- unilateral transactions
- None of the above
- 2View SolutionCapital account may be _______.
- private capital.
- banking capital.
- official capital.
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- Flexible Exchange Rate.
- Fixed Exchange Rate.
- Managed Floating.
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- Total imports are more than total exports.
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- Decreases.
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