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Consider the following summary of BOP for the fiscal year 2021/022 published by Nepal Rastra Bank. (Rs. in million) Particulars Credit (A) Debit (B)…

BBS Foundation of Financial Systems · 2080 · Solved Question with Answer

Consider the following summary of BOP for the fiscal year 2021/022 published by Nepal Rastra Bank. (Rs. in million)

Particulars Credit (A) Debit (B)
Goods 352,154 1,369,317
Services 108,111 350,229
Primary Income 62,395 17,548
Secondary Income 829,238 9,735

      a. What is the net of goods and services account during the fiscal year 2021/022?

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

      c. What is the trade deficit/surplus during the fiscal year?

Solution

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