A Study of Capital Account of India's Balance of Payment from 2010 to 2020

Author:

Yuvraj Chahar 1,Dr. Harish Purohit 1

Affiliation:

1. Shri Jagdish Prasad Jhabarmal Tibrewala University, Jhunjhunu, Rajasthan, India

Abstract

This paper offers a direct system for understanding the balance of payments and its parts. To additionally understand the BOP, we picked Bangladesh as a contextual investigation and looked at India's and Bangladesh's export and import figures. The essential objective of this study is to look at the pattern of India's balance-of-installment position and to make sense of why such an example exists. This paper offers a direct structure for fathoming the balance of payments and its parts. The essential objective of this study is to look at the pattern of India's balance-of-installment position and to make sense of why such an example exists. The importance of the balance of installment articulation is additionally examined in the article. The segment of the article examines the hardships that nations with a balance of shortage issue face. The balance of payments indicates an economy's transactions and is critical in determining an economy's status. International trade is critical for all countries around the world. Trade fosters the growth of numerous economic sectors. Exports and imports drive economic growth through increasing foreign currency, which leads to overall development.

Publisher

Naksh Solutions

Subject

General Medicine

Reference15 articles.

1. Bhasin, N. (2006), External Sector Reforms in India,1991-2005, New Century Publications, New Delhi.

2. Bhatia, S.L. (1982), “The Monetary Theory of BOP under Fixed Exchange Rate”, Indian Economic Journal, Vol. 29, pp. 30-39.

3. Bond, Marian E. (1979), “The World Trade Model: Invisibles”, IMF Staff Papers, Vol. 26, No. 2, pp. 257-333.

4. Carlos and Brid (1999), “Mexico’s Economic Growth and BOP constraint: A Co integrated Analysis”, International Review of Applied Economics, Vol.13, No.2, May2, pp. 149-159.

5. Chakraborty, I. (2006), “Capital Inflows during Post-Liberalization Period”, Economic and Political Weekly, Vol. XLI, No. 2, pp. 143-150.

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