L3/P1: Balance of Payment (BoP) & Current Account Deficit

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3) 📑 500+ pages Rapid revision handouts, covering both Prelims & Mains, incl. Hindi translation for important terminologies. No need to purchase separate books / NCERTs.
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5) 💬 Weekly Doubt Solution to your queries.
Language: Hindi, Topics Covered:
- Brief recap of the previous lectures
- What is balance of payment (BoP)? Definition, methodology.
- How is World’s balance of payment zero?
- How is India’s balance of payment zero? and if so, why did we have a balance of payment crisis in 1991?
- Two components of BoP: current account and capital account
- Components current account balance: visible and invisible part.
- Current Account: Services, income, transfer, gifts donations and remittances
- Concepts: Balance of trade, trade deficit and trade surplus. Major imports and exports of India.
- Calculating current account deficit and current account surplus.
- Difference between FDI and FII
- What is forex reserves? How is it built? What are the components of forex reserves?
Powerpoint available at Mrunal.org/download
Exam-Utility: UPSC CSAT, CDS, CAPF, Bank, RBI, IBPS, SSC and other competitive exams, IIM, XLRI, MBA interviews and GDPI
Venue: Sardar Patel Institute of Public Administration (SPIPA), Satellite, Ahmedabad, Gujarat,India

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Sir, guide us more & more, similarly for main as well as interview. May Allah give u more strength

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19:56 Top Five Remittance Recipient Countries in 2023:
India: Received a staggering $125 billion.
Mexico: Received $67 billion.
China: Received $50 billion.
The Philippines: Received $40 billion.
Egypt: Received $24 billion.

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Bhagwan aapki lambi umar de

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sir the ppt is not available on the link provided on the website. pls help.

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Economy made easy

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Fall in foreign demand causes disequilibrium how

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Sir, what is the meaning of exchange rate weak??

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Sir what do you mean by exchange rate gettingweak?? Either rupee getting weak or dollar.bcoz here in ncert it is written that gvt undertakes to buy foreign currency when exchange rate become weak.

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under which account the SDR comes???

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[@giteshaggarwal2867]

Mrunal Sir, Thanks a lot for your economy lectures. these are very helpful. Sir, i have a doubt.
In capital account, foreign loans and external commercial borrowing which we are taking from abroad, it is making our capital account surplus but isn't it a negative thing for the economy as we have to pay it back at some point of time and we are increasing our interest burden on adding these loans on us each year, due to which we are in turn increasing our current account deficit.
thanks

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Please Tell me