UPSC CSE Prelims BoP Accounts, Money Market Instruments & Banking Categories Flashcards
Master 11 bop accounts, money market instruments & banking categories concepts for the UPSC CSE Prelims.
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Question
Identify the primary components of the Balance of Payments (BoP) Current Account:
The Current Account records trade in , trade in , primary income (e.g., investment income), and (e.g., remittances).
Question
Which of the following are classified under the Capital Account of the Balance of Payments?
- Foreign Direct Investment (FDI)
- Remittances from abroad
- External Commercial Borrowings (ECBs)
- Trade in software services
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