The Balance of Payments (BoP) serves as a crucial indicator of a nation’s economic health, encompassing all transactions between residents and non-residents over a specified period.
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Balance of Payments
Economy Notes
India’s Balance of Payments (BOP) Crisis in 1991: Overview – UPSC Economy Notes
by Edukemy Team
In the early 1990s, India faced a significant Balance of Payments (BOP) crisis driven by various factors, including the Gulf War and cumulative economic issues.
Balance of Payments (BOP) is a comprehensive statement of a country’s economic and financial transactions with the rest of the world over a specific period
NCERT - Economy Notes
UPSC NCERT Notes – Indian Economy – Balance of Payments and Foreign Trade
by Edukemy Team
As a UPSC aspirant, delving into the intricacies of India’s economy is paramount, and understanding concepts like Balance of Payments (BoP) and Foreign Trade becomes indispensable.