Скачать или смотреть Components of BoP: Current Account Goods, Services, Income, Transfers

Visit: https://pscnotes.com Unraveling the *Current Account* of the Balance of Payments BoP is crucial for understanding a nation's economic health! 🇮🇳 Did you know it records transactions that don't create future claims? We're diving deep into its core components: 🔹 *Goods Visible Trade:* Exports & imports of physical items. Think India's rice exports! 🔹 *Services Invisible Trade:* The world of tourism, software, and finance. 🔹 *Income:* Earnings from investments abroad. 🔹 *Transfers:* Unilateral payments like aid. Understanding these helps grasp concepts like the WTO's role in trade and India's international agreements. Master this vital aspect of the External Sector! --- UPSC study material, Current Affairs preparation, Indian Economy, Balance of Payments, Economics for PSC, State PSC preparation, UPSC Economics notes #PSCNotes #UPSC2025 #BoP #CurrentAccount #IndianEconomy #Economics #UPSCPreparation #StatePSC #ExternalSector #Trade #GlobalEconomy #UPSCExam #IASExam #StudyNotes #EconomicsSimplified