RRaahUPSC
2013 · EconomyPrevious Year Question
Q91.
The balance of payments of a country is a systematic record of
A. all import and export transactions of a country during a given period of time, normally a year
B. goods exported from a country during a year
C. economic transaction between the government of one country to another
D. capital movements from one country to another
Answer

A

Explanation

The Balance of Payments (BoP) records the transactions in goods, services and assets between residents of a country and the rest of the world for a specified time period, typically a year.
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