Testwala logoTestwala
HomeMocksPracticePYQsDashboard
Testwala logoTestwala

Timing-accurate mock tests and PYQs for SSC, Banking and Railway exams — so the real paper feels like a revision.

Exams

  • SSC exams
  • Banking exams
  • Railway exams
  • All exams

Practice

  • Practice questions
  • Mock test series
  • Sectional tests
  • Year-wise PYQs
  • Performance analytics

Company

  • About us
  • Help Centre
  • Pricing
  • Sign in

Legal

  • Privacy Policy
  • Terms of Service

Contact

  • hello@testwala.co.in
  • Telegram
  • +91 62816 87760

Practice interface modeled on the official exam pattern — not the official examination. Testwala is not affiliated with the Staff Selection Commission, IBPS, SBI, RBI, NABARD, SEBI or Indian Railways.

© 2026 Testwala. All rights reserved.

Built for aspirants, by aspirants.

HomeMocksPracticeStats
  1. Home
  2. ›
  3. PYQs
  4. ›
  5. JKPSC KAS
  6. ›
  7. 2021
  8. ›
  9. Q72

JKPSC KAS 2021 · Question 72 of 96

Read the following statements. 1. Balance of payments of a country is an aggregate record of domestic economic transactions of a country. 2. These transactions include exports and imports of goods, services and financial assets, along with transfer payments (like foreign aid). 3. The balance of payments is an important economic indicator for 'open' economies. Which of the given statements is/are true?

Indian Economy

  1. AOnly 1
  2. BOnly 1 and 2
  3. COnly 1 and 3
  4. DOnly 2 and 3Correct

Answer: D. Only 2 and 3

Explanation

BoP records a country's transactions with the rest of the world (not domestic transactions), covering goods, services, financial assets and transfers — statements 2 and 3 are true.

Source: JKPSC KAS Prelims 2021 GS via gkscientist.com

← Q71View full paper (96 questions)Q73 →

Practice the full JKPSC KAS 2021 paper

Timed test with all 96 questions, just like the real exam.

Start test