Identify the correct statements with respect to current account:

A. Balance of trade is the difference between export and import of goods in given period of time.

B. Current account records all international transactions of assets.

C. Trade in services includes factor income and non-factor income transactions.

D. Current account is in balance when capital inflows are equal to capital outflows.

Choose the correct answer from the options given below:

Full form of IBRD

Match List-I with List-II :

If a British resident wants to visit India on a vacation he will have to pay in ......

The measurement of Balance of Payments deficit is based on ___________ transactions.

Under the fixed exchange rate regime, if the government of a country finds its currency to be overvalued and therefore deliberately reduces the value of its current against the foreign currency, it will be called as?

Arrange the following in correct sequence with respect to the effect on exchange rate under flexible exchange rate system.

A. There is increase in the demand for foreign trips.

B. Depreciation of domestic currency.

C. Higher demand for foreign exchanges.

D. Shift in the demand curve to the right.

Choose the correct sequence from the options given below: