BOP always always balances. Does it …
CBSE, JEE, NEET, CUET
Question Bank, Mock Tests, Exam Papers
NCERT Solutions, Sample Papers, Notes, Videos
Test
Related Questions
Posted by Shruti Singh 1 year, 5 months ago
- 0 answers
Posted by Mehar Ansari 1 year, 4 months ago
- 0 answers
Posted by Naman Jain 1 year, 4 months ago
- 1 answers
Posted by Rijum Karlo 1 year, 4 months ago
- 0 answers
Posted by Niyati Garg 1 year, 4 months ago
- 0 answers
Posted by Nandita Sharma 1 year, 5 months ago
- 1 answers
Posted by Dipika Sharma 1 year, 4 months ago
- 0 answers
myCBSEguide
Trusted by 1 Crore+ Students
Test Generator
Create papers online. It's FREE.
CUET Mock Tests
75,000+ questions to practice only on myCBSEguide app
Yogita Ingle 5 years, 1 month ago
BOP comprises of two accounts, namely current account and capital account. BOP always balances in accounting sense such that when current account is in surplus it is always that capital account will be in deficit by the same amount and vice- versa. Suppose current account is in surplus that is, exports are more than imports. This implies that receipt from export are more than payment for imports. This surplus would be matched by a deficit in the capital account by the same amount. In this way, in accounting sense, the country has zero net financial obligations always.
0Thank You