If the value of visible exports exceeds the value of visible imports, the balance relates to:
none of these
balance of trade
capital account BoP
current account BoP
This is part of the balance of trade.
(a) The balance of visible trade is 4000 crores and the balance of invisible trade is 25,000 crores. If the value of imports of services is 7000 crores, what will be the value of export of services?
(b) State the following true or false:
(i) Accommodating items are undertaken in order to balance the BOP account.
(ii) Foreign exchange received on account of textile will be recorded on the capital account of BOP.
(iii) Autonomous items are also known as " Below the line items''.
Find the balance on the balance of payments account. Is the overall balance of payments balanced?
Items(Rs in lakhs)(i) Capital account balance(−)400(ii) Value of imports150(iii) Value of exports450(iv) Unilateral transfers100(v) Balance of visible trade200
Find current account balance from the following:
Items(Rs in crores)(i) Capital account balance80(ii) Export of services20(iii) Balance of visible trade50(iv) Transfers from one country to an another country5
Name two items each relating to Current Account BoP and Capital Account BoP.