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What is the meaning of deficit …

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What is the meaning of deficit in BOP ?

    • Posted by Khushi Sharma 3 years, 1 month ago

    CBSE > Class 12 > Economics
    • 4 answers

    Aditya Kumar Jha 3 years ago

    When the debit side of BOP account is more than the credit side of BOP it is said to be a situation of BOP deficit

    0Thank You

    Manish Subba 3 years, 1 month ago

    It is an accounting statement that provides a systematic record of all the economic transactions between residents of a country and the rest of the world in a given period of time.

    1Thank You

    Kaur Reet 3 years, 1 month ago

    It is an accounting statement that provides a systematic record of all the economic transactions between Resident of a country and the rest of the world in a given period of time.

    1Thank You

    Krishna Sharma 3 years, 1 month ago

    When expenditures are more than receipts If revenue expenditure is more than revenue receipts then it's revenue deficit If total expenditure is more than total receipts then it's primary deficit

    1Thank You

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