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Balance of Payments Part 2
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6.1 Balance of payments.

Mohini Jain
Gold medalist in Economics and graduate from St. Francis. Loves to read novels.

U
Unacademy user
mam,as mentioned in table 6.1 we have BOP +61.4 this means we are on positive side...than why do we need to use our reserve to settle this. If our BOP is 0 that means we do not have any deficit or surplus ,we won't be in a condition to pay anything or get anything.Than why we are paying from our reserve when we are in surplus instead we should be paid..
Mohini Jain
9 months ago
In BoP... Like i already told... + means we have to pay...
Mohini Jain
9 months ago
I suggest you to please go through the entire lesson once again
why did world bank asked india to devalue price of rupee in order to get finnancial assistance from world bank
What is concept behind bop equilibrium?
Mohini Jain
a year ago
Can you please be more specific about your doubt..?
Janki Patel
a year ago
Balance of payment equilibrium ,current account + non reserve capital account =0 what is non reserve capital account?
Mohini Jain
a year ago
are you sure its non reserve capital account?
Janki Patel
a year ago
It is written in ncert
Mohini Jain
a year ago
Ok.. I will check it and get back to you.. But it will take 2-3 days as I'm travelling right now... I hope you understand :)
Janki Patel
a year ago
Ya it’s okay
Mohini Jain
a year ago
Thanks Jhanvi :)
Transfer payments means social transfers right ?
Mohini Jain
a year ago
Yes
S Ramanareddy
a year ago
thank you
Mohini Jain
a year ago
Welcome :)
  1. MOHINI JAIN


  2. and 508


  3. enposto Trade Balance


  4. 1. Exports 2. Imports 3. Trade balance (2-1) 4. Invisibles (net) 250.5 -381.1 -130.6 84.6 48.8 aNon-factor income (b)Income c)Pvt. Transfers 53.1 -45.9 5. Current account balance (3 +4)


  5. unt a py lote


  6. 6. External assistance (net) 7. Commercial borrowing (net) 8. Short-term debt 9. Banking Capital of which 4.9 12.5 11.0 4.9 3.2 39.7 NR deposits (net) 10. Foreign investment (net) Of which: (i) FDI (net) (ii)Portfolio 9.4 30.3 11.0 62.0 1. Other flows (net) 12. Capital account total (net)



  7. 13. Errors and Omissions 14. Balance of payment:s 3.0 13.1 5 12+131 13.1 15. Reserve use (- increase)


  8. eet CAD monfet


  9. Bop tems below hr