L3/P1: Balance of Payment (BoP) & Current Account Deficit
HTML-код
- Опубликовано: 11 сен 2024
- 🔖Coupon Code: 'Mrunal.org' gives extra discount for 👨🏫 Mrunal's New UPSC Prelims & Mains Courses at unacademy.com/...
📢Features of Mrunal's Economy Course at Unacademy:
1) 👨🏫 Weekly live classes @night even Working Professional can attend
2) 🆎 Updated Powerpoints with latest budgets, economic surveys & current Affairs of Economy
3) 📑 500+ pages Rapid revision handouts, covering both Prelims & Mains, incl. Hindi translation for important terminologies. No need to purchase separate books / NCERTs.
4) 🔠 Weekly Quiz with ranking system
5) 💬 Weekly Doubt Solution to your queries.
Language: Hindi, Topics Covered:
- Brief recap of the previous lectures
- What is balance of payment (BoP)? Definition, methodology.
- How is World’s balance of payment zero?
- How is India’s balance of payment zero? and if so, why did we have a balance of payment crisis in 1991?
- Two components of BoP: current account and capital account
- Components current account balance: visible and invisible part.
- Current Account: Services, income, transfer, gifts donations and remittances
- Concepts: Balance of trade, trade deficit and trade surplus. Major imports and exports of India.
- Calculating current account deficit and current account surplus.
- Difference between FDI and FII
- What is forex reserves? How is it built? What are the components of forex reserves?
Powerpoint available at Mrunal.org/down...
Exam-Utility: UPSC CSAT, CDS, CAPF, Bank, RBI, IBPS, SSC and other competitive exams, IIM, XLRI, MBA interviews and GDPI
Venue: Sardar Patel Institute of Public Administration (SPIPA), Satellite, Ahmedabad, Gujarat,India
sir you are doing vey noble work...as most of us cannot afford the coachings....
thanks a lot sir
Sir you teach economics in a very interesting manner. Aapse pdhne pr ye subject bilkul bhi boring nahi lagta. N also, aapke jokes bhi ise aur zyada interesting bnate hai. Thank u sir 😊
Thanks Mrunal. You have made economics as easy as making instant noodles! :)
you could say that more easily....why the noodle metaphor?
INSTANT NOODLES ARE BAD FOR HEALTH.
Noodles are bad for health. It is made up of white refined flour which causes cancer
Noodles are bad, so she failed, and never commented in these 4 years.
She has cleared state services exam
Sir you make economics lucid even for a non background person.
Grateful!
It's like watching TV series.. you have made it so addicting and interesting.. Excellent job
I learnt both Economics and Hindi. Though I can understand only 50% Hindi, your lectures are the best for me
Did you cleared upsc?
@@tonystark5283 now u tell. have u did
@@upscunacademy2.069 no I didn't
@@tonystark5283 come to our channel for free plus videos
@@upscunacademy2.069 in 15 min video 14 min there is a advertisement for plus subscription and 1 min is content,cost benefit ratio is very poor....
jis tarah pyasa apni pyas ko sabdo me nahi kah sakta usi tarah mai apke liye jyada sabdo ka use na ker aapko internally man se thank you kahta hu.aapki subject pe command ki daad deta hu.your subject study style are best.
Sir itna lucid explanation to kahi nahi milega... Big salute to you sir.... Words are not enough tp express respect towards u..
Thanks a lot sir, u r really star for those students who live in village where facilities of coaching is not available
Sir, guide us more & more, similarly for main as well as interview. May Allah give u more strength
After watching so many videos on RUclips, finally I understood BOP. Thanks Mrunal Sir.
19:56 Top Five Remittance Recipient Countries in 2023:
India: Received a staggering $125 billion.
Mexico: Received $67 billion.
China: Received $50 billion.
The Philippines: Received $40 billion.
Egypt: Received $24 billion.
Sir, you have made upsc aspirants' lives easy. You are doing such a noble cause.
Sir, your explanation is so easy that even a 12th class student can understand it. Very very helpful in building the concepts 🙏✨💯
aapka ek ek word dhyan se sunna padta hai, warna kaafi confusing hojata hai
This is the era of free education.
Thanks sir from my deep heart
You r real teacher ..others r explainers only in economics
Thanks mrunal sir.. You are making economics very easier to understand by giving various logical examples.... Great going
thanks a lot sir
excellent work for those students who can not attend coaching classes and way of teaching is superb.
@52:45 Economy very easy nowadays "Jabse Mrunal Sir aaya"
Thanks sir a lot ur classes very useful for those who can not join coaching.
Hey it has been 8 years u might be ias now ?
Amazing sir...after watching ur videos now i am finally able to understand what is happening in the economy section of the newspaper
one of the best economic lectures...maja aa gya padh ke...Thanks a lot sir
Sir U r example of Good Teacher ...
Adnan Sami writing item song in tom cruise movie ..... We have come so far ;)
Thanks sir from bottom of my heart,,, people like u encourage us to something for society
Sir please restart thses lectures with updated data and current issues
31:38 fdi
1991 ka crisis aaj jake samaj aaya hai sir.... tnku so much
thank you sir ,you are amazing as always...........
really well explaines with absolute clarity.presentation is excellent
Bahut bhaut thanks sir
Jai Hind 🇮🇳 sir 🧑🏫
Thankyou 🧑🏫
Sir aap legendary hain, aapki har PPT me pehle toh mai 5 min baith kar hassi hun !
Fir to padhne ke liye time bacha hi nhi hoga naa...
@@Raj-bu7kg 😂😂😂😂
THANKYOU SIR
thankuuu so much sir you are a true hero
Thank you sir ji 🙏 for helping us
Bhagwan aapki lambi umar de
Thank you so much Mrunal sir. Apne sb poori economics ko bhut simplify kr dia hai...... apke example bhut hi achhe hein sr.....
Thank sir ❤❤❤
Mrunal Sir, Thanks a lot for your economy lectures. these are very helpful. Sir, i have a doubt.
In capital account, foreign loans and external commercial borrowing which we are taking from abroad, it is making our capital account surplus but isn't it a negative thing for the economy as we have to pay it back at some point of time and we are increasing our interest burden on adding these loans on us each year, due to which we are in turn increasing our current account deficit.
thanks
but if we dont get borrowing from foriegn we cant establush new industries and cant produce surplus good.if not surplus goods then there is no increase in export and our deficeit will rise..:)
excellent explanation sir
sir...you are doing no less than a philanthropic activity... a great help for me
Thank you soo much sir for a outstanding explanation
Thank you Sir
Today i watch this is very good lecture
great job..very helpful for learners
A very noble work :)
Thank you so much Sir.
Hats off sir.. heartily thanks
That was awesome ....thankyou so much sir
thank u sir.
Sir, what is the meaning of exchange rate weak??
Dear Sir
The concept explained by you regarding Balance of Payment is not understood by me. According to me:
Trade deficit means Import is much higher than export. For the trade deficit to turn into a surplus, imports must fall and exports must rise. One way this adjustment can take place is if the Indian Rupee depreciates, making imports more expensive for Indians and exports cheaper for foreigners. This can be done by withdrawing the Indian Rupee from the FOREX and increasing the US$ supply i.e. Sell the foreign currency and take Indian rupee out from FOREX.
Request Sir or anyone to tell if i am right or wrong?
What you have mentioned about trade deficit and what has explained in video are one and same. in regard with devaluing rupee, it indeed improves exports and CAD but it comes with consequences. crude oil and gold becomes more costly and any price rise in crude oil adversely affects our economy. our service sector profits goes down , inflation rises due to rise in aggregate demand and investors looses confidence in domestic market. so it is necessary to have elasticity between import and export. devaluing is good but removing currency from Forex is not a good idea for long run. after all we adopted floating currency regime as part of economic reforms
Chaynika, the idea proposed by you here about depreciating own currency is being used by Chinese economy but not Indian economy.Because Chinese economy is export based whereas Indian economy is import based.So even by depreciating currency and making goods competitive in foreign market will not favor Indian economy as exports are not that much.
Still now,, this lecture is too much good ..I have no words to thanks u..
thanks alot sir
thanx alot sir....great work...
Sir on the date of publish 21/2/2015 Adnan sami was ot indian resident he got clearance on 2/1/2016. so he become indian resident on 2/1/2016.
Blessed that I encountered this channel...thank you so much
thanks sir, mrunal sir zindabad
Economy made easy
Sir phenomenal explanation
thnx sir....u r best.... u r examples are best....
Thankyou sir for such a good and easy explanation.
Fall in foreign demand causes disequilibrium how
Bahut achchha tha
Nice sir
Mrunal sir is gem🔵🔵
Very usefull videos.....thanks a lot....
Can I watch these whole set of videos in 2018 as I am little bit confused about current affairs point of view. Reply please
Yes... the concepts are very well applies
to current economy status also. Yes for current updates u can check news and gov websites.
Ha kakakaka
Upsc ias ke liye economic ka source batao..koi genuine aspirant. Mrunal sir ke konse videos enough hai or book,?
I cannot understand why people dislike this so much good viedo.
Thankyou Guruji
Teaching level awesome 8 years ago
I m in 2023
Sir thank you for made economy very easy
such an amazing explanation thank you sir 😊😊
Thanks mrunal sir for your service
thanx a lot !!!
Thank u so much...👍 👍 👍 👍 superb...
thanku sir
Thank you sir....for making economics so easy
Sir what do you mean by exchange rate gettingweak?? Either rupee getting weak or dollar.bcoz here in ncert it is written that gvt undertakes to buy foreign currency when exchange rate become weak.
Sir your examples are amazing ❤️
thank you
Sir, Royalties paid to a foreign company will come under which category. Is it like a Dividend coming under Current Account ?
Current account expenditure
excellent way of teaching
Thank you sir ,nice explanation 👍
u are genius sir ,respect u a lot
Really a great class sir .
Tysm sis ....you are best
Maahi I will learn it !! 👍👍
30:35 : FII - it's not "Any Public Ltd. company" - it's only for "Public - Listed company" with less than 10% investment. it contradicts last slide. plz correct it.
A FI in public but unlisted company will always be FDI and never FII despite the %age being less than 10.
tHe_VaGaBonD exactly. Why d hell are those dumbass students sitting there. All they know is to laugh
Did u cleared prelims?
sir 2023 ke liye lates videos youtube pe agar daal dete to achha rahta
Good job sir
Sir Little bit confused In 1992 Crisis IMF refused to give loan On gold reserves because USA pressurised Them hence RBI sold gold reserves to JAPAN bank and Swiss bank & then RBI got the loan 😵😵🤔🤔 confused
Dear sir, I'm from south India though I like all your classes it becomes difficult to grasp the hindi that you speak in. It would be of great use fr students like me if whole class was in English.
Video shuru hote hi .... kho kho kho
Kho kho khel rahe vo
Hahahahaha😅😅😅😅😅😅
Is there repeated classes among166 series or NOT..????.
Please Tell me
Nice explanation
Nice lecture
Nice class sir
Iski ppt kaise open hogi