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Question 27 of 29

Q.Components of Balance of Payments of a country include the :

(a) Official Settlement account
(b) Capital account
(c) Current account
(d) All of the above
Puducherry TnboardTamil Nadu HSC (DGE) Commerce Board 2025MCQ· 1mImportance★★★★★
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The balance of payments includes the current account, capital account and official settlement account — option (d).

In the Tamil Nadu HSC Class-12 Economics (International Economics) syllabus, the Balance of Payments (BoP) is the systematic record of all economic transactions between a country and the rest of the world. Its main components are:

  • Current account — trade in goods and services, income and current transfers.
  • Capital account — international capital flows, loans and investments. …
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