Difference between current account and capital account of balance of payment
Dear Student,
This topic is explained in detail in our study material. You can refer to the same following the below mentioned link and scroll down to the topics 'Components of Current Account' and 'Components of Capital Account'.
https://www.meritnation.com/cbse/class12-commerce/studymaterial/economics/introductory-macroeconomics/open-economy-macroeconomics/341_1991_5852#slide1_introduction-to-open-economy-and-introduction-to-balance-of-payment
Keep Posting!!
Regards
This topic is explained in detail in our study material. You can refer to the same following the below mentioned link and scroll down to the topics 'Components of Current Account' and 'Components of Capital Account'.
https://www.meritnation.com/cbse/class12-commerce/studymaterial/economics/introductory-macroeconomics/open-economy-macroeconomics/341_1991_5852#slide1_introduction-to-open-economy-and-introduction-to-balance-of-payment
Keep Posting!!
Regards