Pre-Study: What to Study
11 Subtopics · 94 ConceptsMeaning and Components of BoP
Open Economy and Its Links with the Rest of the World
Importance 3/5 What to StudyMeaning of Balance of Payments and Who Compiles It
Importance 4/5 What to StudyComponents of the BoP
Importance 4/5 What to StudyClassifying Transactions Between the Current and Capital Accounts
Importance 4/5 What to StudyAutonomous and Accommodating Transactions
Importance 4/5 What to StudyErrors and Omissions
Importance 3/5 What to StudyOverall BoP Balance and the Change in Forex Reserves
Importance 4/5 What to StudyCurrent Account
Components of the Current Account
Importance 5/5 What to StudyBalance of Trade versus Current Account Balance
Importance 4/5 What to StudyTerms of Trade
Importance 3/5 What to StudyIndia's Merchandise Trade: Composition, Partners and the Trade Deficit
Importance 5/5 What to StudyIndia's Services Trade Surplus
Importance 3/5 What to StudyRemittances Into India
Importance 4/5 What to StudyCurrent Account Deficit: Meaning and Factors Behind It
Importance 4/5 What to StudyIs a CAD Harmful? (Financing, Sustainability and the Twin Deficit)
Importance 4/5 What to StudyPolicy Measures to Reduce the CAD
Importance 3/5 What to StudyIndia's Recent Current Account Position and What Drives It
Importance 3/5 What to StudyCapital Account
Components of the Capital Account and Capital Account Balance
Importance 4/5 What to StudyCapital Account versus Financial Account in the BoP Format
Importance 3/5 What to StudyDebt and Non-Debt Capital Flows
Importance 3/5 What to StudyNRI Deposits: NRE, NRO and FCNR(B) Accounts
Importance 4/5 What to Study
Meaning of Currency Convertibility
Importance 4/5 What to StudyCurrent Account Convertibility in India
Importance 4/5 What to StudyCapital Account Convertibility: Benefits, Risks and India's Position
Importance 5/5 What to StudyCommittees on Convertibility (Rangarajan, Tarapore I and II)
Importance 4/5 What to StudyFEMA 1999: Current and Capital Account Transactions and Authorised Dealers
Importance 4/5 What to StudyLiberalised Remittance Scheme
Importance 4/5 What to Study
Exchange Rate Regimes
Exchange Rate and the International Monetary System
Importance 2/5 What to StudyFixed, Floating, Managed Float and Pegged Exchange Rates
Importance 5/5 What to StudyDevaluation and Depreciation, Revaluation and Appreciation
Importance 5/5 What to StudyDeterminants and Effects of Exchange Rate Changes
Determinants of the Exchange Rate
Importance 5/5 What to StudyMarshall–Lerner Condition and the J-Curve
Importance 3/5 What to StudyExchange Rate Pass-Through to Inflation
Importance 2/5 What to StudyIndia's Exchange Rate Management
India's Exchange Rate Regime Since Independence
Importance 4/5 What to StudySegments of the Forex Market: Spot, Forward and Swap
Importance 2/5 What to StudyHow RBI Manages the Rupee: Intervention in the Forex Market
Importance 4/5 What to StudyImpossible Trinity
Importance 3/5 What to Study
Nominal and Real Exchange Rates
Importance 3/5 What to StudyNominal Effective Exchange Rate
Importance 4/5 What to StudyReal Effective Exchange Rate and Export Competitiveness
Importance 4/5 What to StudyRBI's NEER and REER Indices
Importance 2/5 What to Study
Meaning and Purpose of Foreign Exchange Reserves
Importance 3/5 What to StudyComponents of Forex Reserves
Importance 5/5 What to StudyWhat Changes the Level of Reserves: BoP Flows and Valuation Effects
Importance 3/5 What to StudyReserve Adequacy: Import Cover and Other Measures
Importance 4/5 What to Study
Meaning and Classification of Foreign Investment
Foreign Investment and Capital Instruments
Importance 2/5 What to StudyFDI and FPI: The Dividing Line and Its Rules
Importance 5/5 What to StudyDifferences Between FDI and FPI
Importance 4/5 What to StudyForeign Direct Investment (FDI)
Automatic Route and Government Approval Route
Importance 4/5 What to StudySectoral Caps, Composite Caps and Prohibited Sectors
Importance 4/5 What to StudyFDI from Countries Sharing a Land Border with India
Importance 3/5 What to StudyForms of FDI
Importance 3/5 What to StudySources, Recipient States and Trends in FDI
Importance 4/5 What to StudyOverseas Direct Investment
Importance 2/5 What to StudyQuality of FDI and Round-Tripping
Importance 3/5 What to StudyBilateral Investment Treaties and the Model BIT 2016
Importance 3/5 What to StudyForeign Portfolio Investment (FPI)
Foreign Portfolio Investors: Registration and Investment Limits
Importance 3/5 What to StudyVolatility of Portfolio Flows: Hot Money and Carry Trade
Importance 3/5 What to StudyParticipatory Notes
Importance 4/5 What to StudyExternal Commercial Borrowings (ECBs)
Meaning and Forms of External Commercial Borrowings
Importance 4/5 What to StudyRegulation of ECBs: Routes, Limits and End-Use Restrictions
Importance 3/5 What to StudyCurrency Risk in ECBs and Hedging
Importance 3/5 What to Study
How a Currency Swap Works and How It Differs from Forex and Interest Rate Swaps
Importance 3/5 What to StudyBilateral Currency Swap Agreements Between Central Banks
Importance 4/5 What to StudySAARC Currency Swap Framework and India's Swap Lines
Importance 4/5 What to StudyForex Swap by RBI: Mechanism and Purpose
Importance 3/5 What to Study
Meaning of External Debt and How It Is Reported
Importance 3/5 What to StudyComposition of External Debt by Maturity, Instrument, Borrower and Currency
Importance 4/5 What to StudySovereign and Non-Sovereign External Debt
Importance 3/5 What to StudyExternal Debt Indicators: Debt to GDP, Debt Service Ratio and Short-Term Debt to Reserves
Importance 4/5 What to StudyRollover Risk and Currency Mismatch
Importance 3/5 What to Study
Meaning and Causes of a Currency Crisis
Importance 3/5 What to StudyCapital Flight, Sudden Stops and Speculative Attacks
Importance 3/5 What to StudyThe 1991 Balance of Payments Crisis
Importance 4/5 What to StudyThe 2013 Taper Tantrum and Global Spillovers
Importance 3/5 What to StudyExternal Vulnerability Indicators and the Policy Toolkit for External Stability
Importance 3/5 What to Study
Trade Theory and Global Value Chains
Comparative Advantage and Gains from Trade
Importance 3/5 What to StudyGlobal Value Chains and Trade in Value Added
Importance 3/5 What to StudyForeign Trade Policy
Foreign Trade (Development and Regulation) Act 1992 and the DGFT
Importance 3/5 What to StudyForeign Trade Policy 2023: Approach and Key Features
Importance 4/5 What to StudyEU Carbon Border Adjustment Mechanism and Indian Exports
Importance 3/5 What to StudyGovernment Schemes for Foreign Trade
RoDTEP and the Replacement of MEIS
Importance 4/5 What to StudyRoSCTL for Textiles and Apparel
Importance 2/5 What to StudyServices Exports from India Scheme
Importance 1/5 What to StudyDuty Exemption Schemes: Advance Authorisation, DFIA and EPCG
Importance 3/5 What to StudyExport Oriented Units
Importance 2/5 What to StudyExport Credit and Insurance: EXIM Bank, ECGC and NIRVIK
Importance 3/5 What to StudyTrade Infrastructure for Export Scheme
Importance 2/5 What to StudyExport Promotion Mission (Niryat Protsahan and Niryat Disha)
Importance 4/5 What to Study
Meaning and Stages of Rupee Internationalisation
Importance 4/5 What to StudyBenefits and Preconditions of an International Currency
Importance 3/5 What to StudyNostro and Vostro Accounts and the Special Rupee Vostro Account
Importance 4/5 What to StudySteps to Widen Use of the Rupee: Rupee Settlement, Local Currency Agreements and Swap Lines
Importance 3/5 What to StudyChallenges to Rupee Internationalisation and the De-Dollarisation Debate
Importance 3/5 What to Study