BOP problems in India cannot be attributed only to
A. Large trade deficit
B. Increase in invisible surplus
C. Sensitive behaviour of foreign creditors, including NRI foreign-currency depositors.
D. The declining role of concessional external finance.
Answer:B
BOP problems in India cannot be attributed only to
A. Large trade deficit B. Increase in invisible surplus C. Sensitive behaviour of foreign creditors, including NRI foreign-currency depositors. D. The declining role of concessional external finance.