List of top Economics Questions on Balance of payments (BOP)

Identify the correct pair of statements given in Column I with the related terms in Column II:

According to the Reserve Bank of India’s (RBI’s) Statistical Supplement released on 19th May, 2023:
“India’s foreign exchange reserves grew for the third straight week and reached near an approximate level of $600 billion.”
The above situation will ----- the ----- side of Balance of Payments account of India.
(Choose the correct alternative to fill in the blanks)

Match List I with List II

List I		List II
A.	Balance of Trade	I.	International transaction related to financial assets
B.	Balance of payment	II.	Export and import of services
C.	Net invisibles	III.	Goods, Service and Transaction in assests
D.	Balance on capital accounts	IV.	Export and import of goods

Choose the correct answer from the options given below :

Current A/C of Balance of payment does not include :

A surplus current account means
A. Receipts > Payments
B. Receipts = Payments
C. Receipts < Payments
D. Receipts > Price of commodity
E. Receipts = Total Sale
Choose the correct answer from the options given below :

Choose the correct sequence :
A. Factor payments
B. Goods and services produced and sold in the market
C. Supply of factors of production by the households
D. Spending on goods and services
Choose the correct answer from the options given below :

From the following transactions which transaction will be recorded in the current account of the balance of payments:

Identify the source/example of Portfolio Investment being part of Capital Account item of Balance of Payments.

Match List - I with List- II.

List - I	List - II&
(A) Current Account Surplus	(I) Export of invisibles - Import of Invisibles
(B) Balanced Current Account	(II) Receipts \(>\) Payments
(C) Net Invisibles	(III) Receipts = Payments
(D) Current Account Deficit	(IV) Receipts \(<\) payments

Choose the correct answer from the options given below:

In Balance of Trade Account, imports are entered as :