External Sector

Indian Economic System

Title

45:30

8 of 24 completed

5 of 15 completed

38 of 100 completed

8 of 20 completed

Indian Economy - Understanding the basics of Indian economic system

An Indian businessperson •buys shares in a British car company. This transaction will be reflected in :

This questions was previously asked in

CAPF 2023 Paper-1

Balance of Trade, but not in Balance of Payments.

Balance of Payments, but not in Balance of Trade.

both Balance of Payments and Balance of Trade.

neither Balance of • Payments nor Balance of Trade

Balance of Payments, but not in Balance of Trade.

The balance of trade is the difference between a country's exports and imports of goods and services,
while the balance of payments is a record of all international economic transactions made by a country's residents, including trade as well as financial capital and financial transfers.