Lesson 4 of 13 • 33 upvotes • 9:47mins
In simple terms the current account is like a chequing account, and is used to record transactional inflows and outflows for goods and services and potentially investment income. The capital account is like a loan account which allows countries with a currency surplus from selling goods say to invest and effectively lend money to the country that has bought the goods and has a deficit in terms of income. If you are a country in surplus then selling goods and ending up with foreign currency you can only do a few things with it. Try and convert it to your own currency which may not be freely convertible (i.e. CNY), keep it as reserves earning little or no interest or keep it as reserves by investing in interest bearing government debt.
13 lessons • 2h 8m
Basic Introduction of India’s Foreign Trade (in Hindi)
10:03mins
All About Balance of Payments and Balance Of Trade (in Hindi)
9:40mins
All About Balance of Payments and Balance Of Trade (in Hindi)
9:40mins
All About Current Account and Capital Account with Current Account Deficit (in Hindi)
9:47mins
Convertibility of Rupee ,Exchange Rate and LERMS to Fix Value of Rupee Globally (in Hindi)
9:50mins
All About FDI,FII,QFI,FPI etc. (in Hindi)
13:06mins
FDI limits of Different Sectors,Prohibited Sectors,Routes to Invest trough FDI etc (in Hindi)
9:11mins
All About FEMA&FERA,P-Notes,ADR,GDR,IDR etc (in Hindi)
9:59mins
All About Depreciation and Devaluation of Rupee (in Hindi)
9:34mins
All About EPZ,SEZ,Offshore Banking Units,LIBOR,MIBOR,DTAA etc (in Hindi)
9:44mins
All About Bank Accounts For NRI’s {FCNR,NRO,NRE Accounts }
9:10mins
Most Important MCQ of India’s Foreign Trade Part-1 (in Hindi)
9:19mins
Most Important MCQ of India’s Foreign Trade Part-2 (in Hindi)
9:26mins