Nepal Rastra Bank has published summary of BOP for the first eight months for the fiscal year 2021/022. Summary of current account for the first eight months of the fiscal year 2021/022 is as follows:

Summary of Current Account (Rs. in Million)

Particulars	Credit	Debit
Goods and services	220,124.00	1,404,675.70
Goods:	152,114.7	1,269,649.4
Services	68,008.4	135,026.3
Primary Income	32,835.9	15,548.4
Secondary Income	709,238.5	4,904.9

On the basis of data given above answer to the following questions.

a. What is the net of goods and services account during the given period of three fiscal years?

b. What is the net of primary income account and secondary income account during the given period of the fiscal year?

c. Which accounts have contributed to increase the current account deficit?

d. Which accounts have contributed to decrease the current account deficit?

e. What is the trade deficit/surplus during the first eight months of given fiscal year?

Foundation of Financial Systems

Chapter 1: Introduction6 Questions

Chapter 2: Financial Instruments and Interest Rates12 Questions

Chapter 3: Depository Financial Institutions8 Questions

Chapter 4: Non-Depository Financial Institutions8 Questions

Chapter 5: Ancillary Financial Services5 Questions

Chapter 6: Primary Market Operations7 Questions

Chapter 7: Secondary Market Operations7 Questions

Chapter 8: Financial Regulations and Regulatory Authorities2 Questions

Chapter 9: Exchange Rates, Foreign Reserve and Balance of Payment2 Questions