2. Sample Papers
  3. Banking

Banking Sample Paper SBI Clerk Grade (Main) Sample Test Paper-6

  • question_answer
    The record of all economic transactions between the residents of a country and the rest of the world in a particular period is known as _______

    A)  Balance in Capital Account

    B)  Balance in Current Account

    C)  Trade Settlements

    D)  Balance of Payments

    E)  Balance of Trade

    Correct Answer: D

    Solution :

     The Balance Of Payments (BOP) of a country is the record of all economic transactions between the residents of a country and the rest of the world in a particular period (over a quarter of a year or more commonly over a year). These transactions are made by individuals, firms and government bodies.


You need to login to perform this action.
You will be redirected in 3 sec spinner