Question

Which of the following can be called as Balance of Payment (Bo

Q: Answer-Which of the following can be called as Balance of Payment (BoP)?

Balance of Payment BoP refers to the systematic record of transaction among the residents of a country and the rest of the world in a given time period usually a year.

A Systematic record of transaction of government in terms of revenue and expenditure

B Systematic record of transaction of import and export of a country

C Systematic record of transaction of all production of goods and services

D Systematic record of transaction between the residents of a country and the rest of the world

E Systematic record of transaction between the residents of a country and the rest of the world in a specific time period.

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