CUET Economics PYQs

The Indian government imports 22 Rafael planes from France. In which sub-account and on which side of the Balance of Payments account this transaction will be recorded?

Capital Account of balance of payment includes :

(A) Export and Import of goods

(B) Receipt of loans from abroad

(C) Purchase of shares in foreign countries

(D) Current transfers from Abroad

(E) Repayment of International loans

Choose the correct answer from the options given below :

How can a country reduce the BOP deficit?