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Today General Knowledge(GK)
Which of the following economic concepts is categorised on the basis of current account or capital account or both?
A)
Gross National Product
B)
Gross National Income
C)
Value of the foodgrains stock of a country.
D)
The balance of payments

Correct Answer : Option (D) - The balance of payments



The balance of payments is the record of all economic transactions between the residents of the country and the rest of the world in a particular period of time. It is categorised on the basis of current account or capital account or both.

Published On : June 27, 2021
Category : Banking
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