GyanGramQuestion
The balance of payments of a country is a systematic record of
PRELIMS 2012 · INDIAN ECONOMY
The balance of payments of a country is a systematic record of
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• Correct Answer: A
• BoP records all economic transactions (goods, services, income, transfers, capital) between residents and the rest of the world.
• It is broader than just exports, government transactions, or capital movements alone.
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