Balance of trade is only ............... of the balance of payment.

(a)

less than

(b)

more than

(c)

segment

(d)

none of these

Balance of trade is .............. term.

(a)

narrow

(b)

wider

(c)

both (a) and (b)

(d)

none of these

Credit items of Current Account shows .....................

(a)

Import items

(b)

Export items

(c)

Entrepot items

(d)

None of these

Debit items of Current Account shows .............

(a)

Goods Import

(b)

Goods Export

(c)

Capital items

(d)

None of these

Private capital is always .................

(a)

Long term

(b)

Short term

(c)

Both (a) and (b)

(d)

None of these

What do you mean by Balance of Payment?

What do you mean by Balance of Trade?

What is the composition of Private Capital?

Mention the components of Banking Capital.

Mention the components of Official Capital?

Why is Balance of Payment prepared?

What does Balance of Payment Disclose?

What are the credit items shown in current accounts(any 3)?

State the Components of capital account.

What are all the elements of current account balance?

Write down the Structure of Capital Account.

Distinguish between balance of payment and balance of trade.

Write down the structure of Balance of Payments.

Highlight the features of balance of trade.