This quiz and corresponding worksheet will help you gauge your understanding of what a country's balance of payments is. Topics you'll need to know to pass the quiz include understanding the two components that make up the balance of payments account of a country. ...
this account scans all the incoming and outgoing of goods and services between countries. all the payments made for raw materials and constructed goods are covered under this account. few other deliveries that are included in this category are from tourism, engineering, stocks, business services, ...
Balance of Payments: The balance of payments (BoP) records the undertakings or transactions of commodities, assets and services between citizens of a nation.
require the borrower to maintain specific ratios such as liquidity and turnover ratios. Both liquidity and turnover ratios are improved by reducing liabilities and assets on the balance sheet. Covenants can also include other conditions, such as dividend payments and the required level of working ...
Operating expenditures typically consist of the following subcategories: Debt Service: Debt service refers to the government's payments to service its debt, such as principal and interest payments. Current Expenditure: Current expenditure refers to the costs that the government incurs in...
Balance of Payments is made up of 3 components. It helps the Government to analyse a particular industry and formulate policies accordingly. For UPSC 2024 prep, visit BYJU'S website