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Following information relating to India's balance of payments for the year 2019 is given below. Balance of trade in goods = -3500 Balance of trade
Following information relating to India's balance of payments for the year 2019 is given below. Balance of trade in goods = -3500 Balance of trade in services = +2000 Net Secondary Income = +600 Net Primary Income = +600 Net Compensation of Employees = +400 Net Investment Income = +200 FDI inflows = +1000 FDI outflows = -700 Net Financial derivatives = +10 India official reserve assets = -30 Foreign official reserve assets in India = +90 India owned assets abroad =-3000 Foreign owned assets in India = +3500 How much was India's balance in the invisibles account for the year 2019? How much was India's balance of payments surplus/deficit for the year 2019? How much was the statistical discrepancy for the year 2019
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