Millionaire Mode

Balance of Payments and Its Components

Question 1 of 15

What is the Balance of Payments (BOP)?

  1. A systematic record of all economic transactions between residents of a country and residents of other countries during a specific period of time.
  2. A measure of a country's overall economic performance.
  3. A tool for managing a country's exchange rate.
  4. A way to track the flow of goods and services between countries.

Prize Money

15₹7 Crores
14₹1 Crore
13₹50,00,000
12₹25,00,000
11₹12,50,000
10₹6,40,000
9₹3,20,000
8₹1,60,000
7₹80,000
6₹40,000
5₹20,000
4₹10,000
3₹5,000
2₹2,000
1₹1,000