1Lecturer, Jyoti Nivas College Autonomous, College of Excellence, Bangalore
2Asst. Professor, Department of Commerce, Pazhassiraja College, Pulpally, Wayanad
Online published on 11 June, 2019.
The balance of payment of a country summarises all the transactions that have taken place between its residence and foreigners in a given period of time, usually a year. The research was undertaken to provide an insight over BOP disequilibrium in Indian economy for the period from 2006 to 2011. BOP cannot remain in equilibrium always. Disequilibrium is inevitable resulting in surplus or deficit balance of payment. But Initiating corrective mechanisms will help us to minimize the extent of disequilibrium.
Balance of payment disequilibrium, current account, capital account, double entry system, deficit, surplus, export, import, credit, and debit
