Components of Balance of payment of India Upsc

balance of payments

What is the Balance of Payments? Balance of Payments is the record of the transaction of goods and services, assets between the residents of the country with the rest of the world for a specified period of time typically one year. A payment is received from a foreign nation is credit and similarly, payment is … Read more

* * All the Notes in this blog, are referred from Tamil Nadu State Board Books and Samacheer Kalvi Books. Kindly check with the original Tamil Nadu state board books and Ncert Books.