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what are components of Balance of payment account ?

Posted by Priyanka Kadwadkar 5 years, 1 month ago

CBSE > Class 12 > Economics

2 answers

Yogita Ingle 5 years, 1 month ago

The BoP consists of three main components—current account, capital account, and financial account. As mentioned earlier, the BoP should be zero. The current account must balance with the combined capital and financial accounts.

1Thank You

Abhishek Attri 5 years, 1 month ago

Visible items,Invisible items,Capital transfer,Unilateral transfer

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Posted by Anupama Debnath 13 hours ago

CBSE > Class 12 > Economics