Balance of Payment Meaning in Nepali
नेपालीमा भुक्तानी शेषमा सन्तुलन
Nearby Words:
- Noun: भुक्तानी, सन्तुलन
- Verb: गर्नु, बजारमा आउनु
- Adjective: सन्तुलित, न्यायोचित
Part of Speech: Noun
Pronunciation: (bal-uhns uhv pey-muhnt)
Balance of Payment Synonyms:
- Trade Balance (व्यापारिक सन्तुलन)
- Current Account Balance (चालु खाता सन्तुलन)
- Capital Account Balance (पूँजी खाता सन्तुलन)
- Financial Account Balance (वित्तीय खाता सन्तुलन)
- Surplus (अधिशेष)
- Deficit (घाटा)
Description:
Balance of Payment refers to the record of all economic transactions between a country and the rest of the world during a specific time period. It includes the trade balance, current account balance, capital account balance, and financial account balance. The balance of payment provides insights into a country’s economic health and its position in the global market. It helps in analyzing the inflow and outflow of funds, determining the surplus or deficit, and understanding the impact on the country’s currency value. The balance of payment is an essential indicator for policymakers, economists, and investors to assess the overall economic performance of a nation.
Origination of Balance of Payment:
The concept of balance of payment originated in the early 20th century as countries started engaging in international trade and financial transactions. It gained significance after the Bretton Woods Conference in 1944, where the International Monetary Fund (IMF) was established to promote global monetary cooperation and stability. The balance of payment became a crucial tool for monitoring and managing international economic relationships.
Antonyms:
- Imbalance (असन्तुलन)
- Deficit (घाटा)
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