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Analysing
India's BOP
IT
Understanding BOP
Kindle Berger
"The balance of payments of a
country is a systematic record of
all economic transactions
between the residents of the
reporting country and residents
of foreign countries during a
given period of time".
The balance of payments
(BOP), also known as balance
of international payments,
summarizes all transactions
that a country's individuals,
companies, and government
bodies complete with
individuals, companies, and
government bodies outside the
country.
“The balance of payments of a
country is a systematic record of
all economic transactions
between the residents of a
country and the rest of the world.
Reserve Bank Of India
Features Of
BOP
Systematic record of all economic transactions
Includes all transactions
Relates to a period of time
Has a double-entry book-keeping system
Importance Of
BOP
Examine the transaction
Helps the government to analyse
Detects the state of the economy
Judge economic and financial status of a
country in the short-term
Confirms trends in the economy's
international trade and exchange rate of the
currency
Group
Members
Ayesha Ahmed
Soumya Singh
Kavita Mishra
Akshat Sharma
Sujay Sharma
Pradeep Kumar
Sriyansh Srivastava
ANALYSING
INDIA'S
BOP
IT

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Understanding India's Balance of Payment (BOP)

  • 2. Understanding BOP Kindle Berger "The balance of payments of a country is a systematic record of all economic transactions between the residents of the reporting country and residents of foreign countries during a given period of time". The balance of payments (BOP), also known as balance of international payments, summarizes all transactions that a country's individuals, companies, and government bodies complete with individuals, companies, and government bodies outside the country. “The balance of payments of a country is a systematic record of all economic transactions between the residents of a country and the rest of the world. Reserve Bank Of India
  • 3. Features Of BOP Systematic record of all economic transactions Includes all transactions Relates to a period of time Has a double-entry book-keeping system
  • 4. Importance Of BOP Examine the transaction Helps the government to analyse Detects the state of the economy Judge economic and financial status of a country in the short-term Confirms trends in the economy's international trade and exchange rate of the currency
  • 5. Group Members Ayesha Ahmed Soumya Singh Kavita Mishra Akshat Sharma Sujay Sharma Pradeep Kumar Sriyansh Srivastava ANALYSING INDIA'S BOP IT