The number of accounts in the BOP is:
1
2
3
4
There are 2 accounts in the BOP.
Name two items each relating to Current Account BoP and Capital Account BoP.
(a) What do you mean by BOP? What are its two accounts?
(b) What are the characteristics of BOP?
State the following true or false:
(a) Accommodating items are undertaken in order to balance the BOP account.
(b) Foreign exchange received on account of textile will be recorded in the capital account of the BOP.
(c) Autonomous items are also known as "Below the line items".