हिंदी

What is the role of Errors and Omissions in the Balance of Payments?

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प्रश्न

What is the role of Errors and Omissions in the Balance of Payments?

विकल्प

  • To record official borrowings from the IMF

  • To account for statistical discrepancies in recording international transactions

  • To finance a deficit in the current account

  • To record changes in foreign exchange reserves

MCQ
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उत्तर

Errors and Omissions is a separate third element of the BoP. It accounts for the statistical discrepancies that arise while recording international transactions.

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