Types of Balance of Payment

Balance of Payment (BOP): [PDF Inside] Types, Example, Benefits, Negatives, Formula for Measuring BOP, Features

March 16, 2023March 16, 2023 Sushanta Maiti 0 Comments Balance of Payment surplus and deficit, BOP analysis, BOP and capital flows, BOP and economic indicators, BOP and exchange rates, BOP and international investment, BOP and international trade, BOP capital account, BOP current account, BOP formula explained, Components of Balance of Payment, Importance of Balance of Payment, Types of Balance of Payment, Understanding BOP data, What is Balance of Payment?

Balance of Payments (BOP) is a record of all the transactions that a country has with the rest of the world over a specific period, typically a year. The BOP includes all economic transactions between the country and the rest of the world, including trade in goods and services, investment flows, and transfers of money and assets.

Communication

What is an Information System? 5 Components, Types, Advantages, Disadvantages [PDF Included]

April 1, 2022April 1, 2022 Sushanta Maiti 6

In this digital era, we all are somehow accustomed to the word “Information System” although not well-versed with the concept or definition. If asked what is “Information System” one will definitely say the words like computer or network or database. But an information system is much more than just a computer or network. It surrounds us almost every time and is changing every day. Nowadays, life seems impossible without it. From the smartphones in our hands, the Wi-Fi networks on our college campus–to the traffic lights, sales management, and billing systems in the shopping malls, etc.–Information System is virtually in every walk of our life.