- Jyoti
Thanks
NCERT Solutions for Class 12 Macro Economics Balance of Payment
NCERT Solutions for Class 12 Macro Economics Balance of Payment
NCERT Solutions for Class 12 Macro Economics Balance of Payment is designed and prepared by the best teachers across India. All the important topics are covered in the exercises and each answer comes with a detailed explanation to help students understand concepts better. These NCERT solutions play a crucial role in your preparation for all exams conducted by the CBSE, including the JEE.
NCERT TEXTBOOK QUESTIONS SOLVED
1. What does balance of payments account of a country record? [CBSE 2007]Ans. Balance of payments is an accounting statement that provides a systematic record of all the economic transactions between the residents of a country and the rest of the world during a given period of time.
2. What is meant by visible items?Ans. Visible items include material goods [such as sugar, cloth, machines etc.] which can be seen or touched, counted, measured and weighted and which are duly recorded at the custom barriers.
3. What is the meaning of invisible items?Ans. Invisible items, on the other hand, refer to different kinds of services such as transport, banking, insurance etc.
4. Why are imports entered as negative items in the balance of payments account?Ans. Imports lead to an outflow of foreign exchange in the country. Thus, they are recorded as negative (debit) items.
5. What is meant by balance of trade? [CBSE 2005, Sample Paper 2010]Ans. The term “balance of trade” denotes the difference between the exports and imports of goods in a country.
6. Name the items included in balance of trade account. [CBSE 2007]Ans. Exports of visible items (goods);
Imports of visible items (goods).
Ans. When imports of visible items are more than exports of visible items.
Ans. Deficit on the current account is restored through the surplus on capital account and surplus on the current account is restored through the deficit on capital account.
9. What does balance of payments account of a country record? [CBSE 2007]Ans. Balance of payments is an accounting statement that provides a systematic record of all the economic transactions between the residents of a country and the rest of the world during a given period of time.
10. What is meant by visible items?Ans. Visible items include material goods [such as sugar, cloth, machines etc.] which can be seen or touched, counted, measured and weighted and which are duly recorded at the custom barriers.
11. What is the meaning of invisible items?Ans. Invisible items, on the other hand, refer to different kinds of services such as transport, banking, insurance etc.
12. Why are imports entered as negative items in the balance of payments account?Ans. Imports lead to an outflow of foreign exchange in the country. Thus, they are recorded as negative (debit) items.
13. What is meant by balance of trade? [CBSE 2005, Sample Paper 2010]Ans. The term “balance of trade” denotes the difference between the exports and imports of goods in a country.
14. When will balance of trade show a deficit? [CBSE 2006]Ans. When imports of visible items are more than exports of visible items.
15. How is a deficit or a surplus on the current account restored?Ans. Deficit on the current account is restored through the surplus on capital account and surplus on the current account is restored through the deficit on capital account.
Post your comments
Your mobile number will not be published.View Comments
- A.Nikhil Goud
Good wedsite nice
- Raj
Good website
- Mdiqbal Mdiqbal
Use full
- Bandapalli siva ganga Devi
Super solutions
- D BALAJI
Clear explanation
- M venkata bramha chowdhary
Results
- Dumpa snehith
Ncert to prepare for eamcet or eapcer
- Gauri
Sabse khrab
- Gauri
Sabse khrab
- Prajoal
Verry good app
- Preethi kumarK
I will very happy to sovle this mcqs
- PradeepGupta
Super
- Ashwani kumar
Nice
- Ashwani kumar
Nice
- Zyan safi
Nice
- Zyan safi
Nice
- Priyanshi
Thanks sir
- Naria
Nice
- ningu
good work sir
- hs
good
- prabhakar
How to download this
- Dharmen
How to download
- Anubhav
Math all chapter MCQ best
- NIL
GOOD
- Anjali
Ncert miscellaneous question pdf
- Manjeet manjhi
Super
- Karanveer Kaur
10 class workbook English answer
- P.Ashrafbaig
My results How to check my 10th results
- Asish Kumar sahu
Pls sir show my result my admit card is missing so I request you plz show my result
- Varsha
This app is so..good it makes is understand better as we had seen many app with only answer we will not understand the method what they have done.....
- Anupam
super
- Lavanya vishawas Sonavale
Nice
- Sudha
Super cute
- Matruprasad nath
plese give me the answer for above question
- Abhiram
8th class Telugu and maths social PDF text books
- Abhiram
8th class Telugu and maths social PDF text books
- Abhiram
8th class Telugu and maths social PDF text books
- Aman
Nice
- Patil yasvitah
S the practice question papers clasfrom foranothers districts
of Karnataka 10th MCQ pattern 2021 exam 40 marks
- Ajay
Basic questions
- Nikki
How to download this pdf
- Murali
How to get free download
- Murali
How to get free download
- Murali
How to get free download
- Kurmapu rohini
How to download
- Yashvanth
S PDF
- Bhoomi
Nice this content is very helpful ....thnx a lot ..and pls expand the question there is only 58 which is less for class 10
- Omkar
How to download
- tanya shukla
hello
thankyou so much
it really helped me in my exam...........
- Ranjith
Good
- R sudha
Good
- Urvi
Teacher
- Rohit
Nice
- HARSH RAJPUT DEVSARIYA ðŸ™ðŸ™ðŸ™ðŸ™
Thanku for giving All chapter MCQ thanku you very much
- Rakesh
I need 2019 10 Class Batch Results
- Daripalli ramu
Super
- Subash Gond
McQ question all chapter
- Vandna
What,where and how lesson 1 class 6 pdf
- Yuvraj yadav
Hi
- Manasa
Good
- Gundi.sonia
Hii
- Dhanam jay
Very nice
- Tanveer
Political Science question solution
- Trilok
I like
- Anshu poonia
Superb
- Ranjan Baruah
Thank sir
- MATHURAM
Need notes
- Yadnyesh ubhad
So nice answer
- Anusha chettri
Hello
- Anusha chettri
Hello
- Jasmita Naik
Thank you very much....
Sir we need more help from you....
From other subject also we need like this questions.. So please sir kindly help us through uploading questions from science...
Please sir
- Jasmita Naik
Thank you very much....
Sir we need more help from you....
From other subject also we need like this questions.. So please sir kindly help us through uploading questions from science...
Please sir
- Mohini
Kitne time se
- Rajudutta
Excellent and reliable apps
- SALMAN
I WANT 2019 ENGLISH CBSC CLASS 3RD COURSE BOOK SYLLABUS AND SOLUTIONS
- ULRICA
It
- Rishabh Kumar
Please give me
- Chandra shekar
Mandasa
- p.harshavardhan
Ok
- Charchit
Yes they are all question are main
- Muthalagu
10 A class
- Vadde madhu
Hallo
- Veeranna
1:1 2004
- Eslavath Kalyan
Komatipalli kesamudram
- Gumma pavan kalyan
Hall ticket
- Rajudutta
Excellent solutions and easy to learn.
- VAGEESHA
NICE JOB
- Syed sayeed saaqib
10 th class marks
- P.fairoz khan
My SSC result
- Gangavarapu Ashok Reddy
10 the class 2020 markas
- Kusi Mani kumaR
2008125010
- suhailhajam
plz kindly MCQ question s
- suhailhajam
plz kindly MCQ question s
- Koripalli. Bindu ramya
Inter results second year
- Faizan
Beautiful
- K. Umesh Chandra
Please release 10th results
- Surra naidu
S me result
- Lakpathi
Cbse resuls
- S.sravani
CBSE 10th class result
- Gundrathi Mohan
S me results
- Gundrathi Mohan
S me results
- suhailhajam
plz kindly MCQ question s
- chandar
chan
- suhailhajam
plz kindly MCQ question s
- Kaustab Roy
I want to explore everything
- Anup
Workbook unit 1 exercise solution
- Khushdeep Kaur
I want pdf of MCQ class 10th C.B.S.E
- Saddam
Kindly s me 10 maths mcq question answer
- SADDAM
SEND ME
- Bed prakash
Mera result
- palla sivaram
haiii
- Dany
NCERT Solutions Very Good I Like It
- laxman
good
- Bhanusam.manjula
Ssc 2007batch regular halltichet number
- Ramu
NCERT Solutions
- Kalamata gowriswari
Open 10th result 2019ap
- Nagra rayal
Yappudu 10th reselts
- Yanati nagarani
10th result
- NAGESWARA
How can see ssc ap 10th results
- m.kalyani
10th result
- Naveen
10th results
- Sri kesav
Please tell me the correct date of AP ssc results
- K. Sudhakar
Plz 10th result
- V pawan durga sriniva
Please 10th cbsc results
- V pawan durga sriniva
Please 10th cbsc results
- Charan
Result ssc
- Ayesha
At. What time did exam results will come?
- Vadithya suresh
Results
- VANKUDOTH pavan kalyan
Results
- C H VAISHAVI
Cbse result by name
- varunsai sanne
Xth results 2018
- varunsai sanne
Xth results 2018
- Yalagala Srihari
Exam results
- Alpesh Dhamale
Nice article my baby wait for exam result i hope this year pass percentage may be increase
- m. mohan rao
hi, s me cbse 10 class 2018 results
- akshaya
at what time resilts are going to today
- Velupala Ashwarya
My result
- Ramu
good information