Skip to main content
Super TutorResources
Chapter 13 of 19
Formula Sheet

Balance Of Payments And Exchange Rate — Formula Sheet

ICSE · Class 12 · Economics

4 formulas from Balance Of Payments And Exchange Rate (ICSE Class 12 Economics) on one page, grouped by topic.

70 questions34 flashcards4 formulas & key relations5 concepts

Interactive on Super Tutor

Studying Balance Of Payments And Exchange Rate? Get the full interactive chapter.

Quizzes, flashcards, AI doubt-solver and a step-by-step study plan — built for formula sheet and more.

Try Super Tutor — Free

Free trial, no card needed.

4 Entries · 1 Section

Formulas and Key Relations

4. Current Account

Current Account Balance = Balance of visible trade + Balance of invisible trade + Balance of unilateral transfers

Balance of Current Account = Balance of Trade (BOT) + Balance of Services (BOS) + Net factor income from abroad (NFIA) + Net Current Transfers (NCT)

Receipts on current account > Payments on current account

Receipts on current account < Payments on current account

Full sheet with units and worked examples

View All

Frequently Asked Questions

What are the important topics in Balance Of Payments And Exchange Rate for ICSE Class 12 Economics?
Key topics in Balance Of Payments And Exchange Rate include Meaning and Features of Balance of Payments, Balance of Trade and Current Account, Capital Account and Capital Transactions, Debit and Credit Items in BOP. Study these first, then practise questions on each for the ICSE Class 12 board exam.
How many formulas are in Balance Of Payments And Exchange Rate?
This sheet lists 4 formulas from Balance Of Payments And Exchange Rate, grouped by topic. Learn what each symbol stands for so you can apply the formula, not just recall it.
How should I revise Balance Of Payments And Exchange Rate for the ICSE Class 12 board exam?
Learn the core ideas first, then work through the 70 practice questions on Balance Of Payments And Exchange Rate. Revise definitions regularly and use flashcards for quick recall before the exam.

Sources & Official References

Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.

More resources for Balance Of Payments And Exchange Rate

All ICSE Class 12 Economics Formula Sheet

For serious students

Get the full Balance Of Payments And Exchange Rate chapter — start free.

Quizzes, flashcards, an AI doubt solver and a study plan for ICSE Class 12 Economics. Free to start, no card needed.

Try Super Tutor Free
Try this chapter free