2. Solved Papers
  3. 12th Class
  4. Economics

12th Class Economics Solved Paper - Economics 2015 Outside Delhi Set-I

  • question_answer
    Where is 'borrowings from abroad' recorded in the Balance of Payments Accounts? Give reasons.

    Answer:

    Borrowings by a country from the foreign countries or from the international money market are recorded in the Capital Account of the BOP. As these borrowings results in inflow of foreign exchange into the country. Hence, they are recorded as positive items in the Capital Account of BOP.


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