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प्रश्न
What is meant by balance of current account?
What is meant by current Account of balance of payments?
What is balance of current account?
लघु उत्तरीय
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उत्तर
- The balance of the current account is made up of visibles, invisibles and transfers.
- It includes the balance of trade, the balance of invisibles or services and the balance of transfers.
- The current account is a measure of all payments made for currently produced goods and services plus non-trade flows of funds between a country and the rest of the world.
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