MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Money Supply and Inflation

is a systemat...

Question

______ is a systematic record of all the economic transactions between one country and rest of the world.

A

Balance of trade.

No worries! We‘ve got your back. Try BYJU‘S free classes today!

B

Balance of transactions.

No worries! We‘ve got your back. Try BYJU‘S free classes today!

C

Budget

No worries! We‘ve got your back. Try BYJU‘S free classes today!

D

Balance of payments.

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Open in App

Solution

The correct option is B Balance of payments.
Balance of payments is a systematic record of all the economic transactions between one country and rest of the world.

Suggest Corrections

thumbs-up

0

Similar questions

Q. ______________ is a systematic record of all the economic/monetary transactions between residents of a country and the rest of the world in an accounting year.

[0.80 marks]

Q. The balance of payments of a country is a systematic record of

Q. ___________ is a record of all economic transaction made between the residents of one country with the residents of the rest of the world.

Q. Read the following statements - Assertion (A) and Reason(R), choose the correct answer the following:
Assertion (A): Balance of Trade (BOT) is the difference between the value of a country's exports and the value of a country's imports for a given period.

Reason (R): Balance of Payments records all transactions of capital nature.

[0.80 marks]

Q. Balance of payment reflects the record of international monetary transactions.

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Money supply and inflation

ECONOMICS

Watch in App

explore_more_icon

Explore more

Money Supply and Inflation

Standard XII Economics

Join BYJU'S Learning Program

CrossIcon