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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 1 year, 10 months ago

CBSE > Class 12 > Economics

4 answers

Aditya Kumar Jha 1 year, 9 months 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

Manish Subba 1 year, 10 months 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.

Kaur Reet 1 year, 10 months 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.

Krishna Sharma 1 year, 10 months 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

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