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  3. 12th Class
  4. Economics
  5. Financial Market / वित्तीय बाजार

12th Class Economics Financial Market / वित्तीय बाजार Question Bank MCQs - Balance of Payments

  • question_answer
    Balance of trade is a ......... concept as compared to balance of payments.

    A) narrower

    B) broader

    C) similar

    D) None of the above

    Correct Answer: A

    Solution :

    Balance of trade only includes export and import of goods while balance of payments includes all international concepts. So, BoT is a narrower concept as compared to BoP.


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