Which of the following is not a component of balance of payment ?
Savings Account
Savings Account option is correct.
The Balance of Payments (BoP) is a statistical statement summarising a country’s international economic transactions with the rest of the world over a specific period. It has three main components: the Current Account (goods, services, primary and secondary income), the Capital Account (capital transfers and non-produced non-financial assets), and the Financial Account (direct investment, portfolio investment, reserves).
A savings bank account, on the other hand, is a domestic banking product held by a resident with a commercial bank. It records personal deposits and withdrawals within the country and is not a component of the national BoP statement.
The Unilateral Payments Account (also called Transfers) is grouped under the Current Account in the BoP framework, so it too is a genuine BoP head, not the odd one out.
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.................... is a client server application that identifies each host on the internet with a unique user-friendly name.
Every OS has a ................ or .......... which primarily resides in the main memory of the computer to perform some of the basic functions of the OS.
(i) Kernel
(ii) Interface
(iii) Nucleus
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(ii) Assembly language
(iii) High level language
(iv) Natural language
Codes:
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Which part of the QR code represents the encoded data?
