This study, "Balance of Payment Position in India," offers a straightforward framework for comprehending the balance of payments and its constituent parts. Analyzing the trend of India's balance of payments position and outlining the causes of that tendency are the main goals of this research. Additionally, the significance of the balance of payments statement is examined in the article. The report outlines the difficulties that nations with balance of deficit issues confront. The paper's goals are to comprehend the concept and elements of balance of payments, to articulate the importance of balance of payments, to examine India's balance of position trends, to examine the causes of these trends, and to interpret the difficulties faced by balance of payment nations.
Keywords: Balance of Payment, Current account, Capital Account, Financial Account, Deficit
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