In the attached Excel file, you are provided with the BOP for India from 2016 to 2018. Using the figures given in BOP, make a brief analysis of how some items in BOP has changed over these three years by indicating the major reasons leading to these changes. You can simply concentrate your analysis on highlighted figures for various sub-accounts provided in the file and use those figures to explain the reasons leading to the changes. In addition, briefly explain how the changes in those accounts affected the reserves of India through three years given. In the attached Excel file, you are provided with the BOP for India from 2016 to 2018. Using the figures given in BOP, make a brief analysis of how some items in BOP has changed over these three years by indicating the major reasons leading to these changes. You can simply concentrate your analysis on highlighted figures for various sub-accounts provided in the file and use those figures to explain the reasons leading to the changes. In addition, briefly explain how the changes in those accounts affected the reserves of India through three years given.

India: Balance of Payments Analytic Presentation by Country Click here for country specific metadata 2010 2017 2018 Current account (excludes reserves and related items) Geeds, credit portal Goeda, debit (import Boron goods Sarvion, credit Sarvion, det er Bon on geeds and wavion Primary income, credit Primary inco, dobi Baroon geeds, wavion, and may income Secondary income, sadit Secondary income, det Capital incount (n den neeran and ne died learni Capital wount. Credit Capital sunt debit Balance on current and capital account Financial account (excludes reserves and related items) - 12.114 288.615 376.090 -107.476 161.819 95.922 -41.579 15.485 42.846 -68.940 61.545 4.718 137 412 275 - 11.977 29.340 5.047 1.447 3.601 -38.168 304.107 452 241 -148.134 185.294 109.371 -72.212 18.547 44.970 -98.635 67.088 6.601 37 424 388 -38.130 76.630 11.090 5.931 5.159 39.988 37.098 2.869 282 282 -65.599 332.087 518.779 -186.692 204.956 124.182 -105.918 21.381 51.137 -135.674 78.763 6.688 -123 319 Equity and investment fund share Debt instrumenta -65.723 80.233 11.419 7.375 4,043 42.117 39.234 2.883 -1.720 -1.720 41.987 2.472 573 573 Equity and investment fund the Debt instrumenta Pedellinen, Equity and investment fund sharm Debt instrumenta Per investment, Equity and investment fund wh Debt instrumente -4.152 2.337 -6.489 69.632 30.919 5.928 24.991 60.301 Qoraquity Debt instanta 69.632 54.850 60.301 77.299 - 11.318 -4.381 -6.957 62.791 0 62.791 101.732 1.820 99.912 -5.490 1.711 -3.778 -3.778 0 Other equity Balance on current, capital, and financial account Net errors and omissions Reserves and related items 54.850 17.363 -1.624 15.739 15.739 0 77.289 38.499 -1.429 37.071 37.071 0 Nel credit and loan from the IMF (necluding reserve position) Econfig This dreport the BOP Standard Pation for find in the eth Edition of the Baron Payment Manual (BPS India: Balance of Payments Analytic Presentation by Country Click here for country specific metadata 2010 2017 2018 Current account (excludes reserves and related items) Geeds, credit portal Goeda, debit (import Boron goods Sarvion, credit Sarvion, det er Bon on geeds and wavion Primary income, credit Primary inco, dobi Baroon geeds, wavion, and may income Secondary income, sadit Secondary income, det Capital incount (n den neeran and ne died learni Capital wount. Credit Capital sunt debit Balance on current and capital account Financial account (excludes reserves and related items) - 12.114 288.615 376.090 -107.476 161.819 95.922 -41.579 15.485 42.846 -68.940 61.545 4.718 137 412 275 - 11.977 29.340 5.047 1.447 3.601 -38.168 304.107 452 241 -148.134 185.294 109.371 -72.212 18.547 44.970 -98.635 67.088 6.601 37 424 388 -38.130 76.630 11.090 5.931 5.159 39.988 37.098 2.869 282 282 -65.599 332.087 518.779 -186.692 204.956 124.182 -105.918 21.381 51.137 -135.674 78.763 6.688 -123 319 Equity and investment fund share Debt instrumenta -65.723 80.233 11.419 7.375 4,043 42.117 39.234 2.883 -1.720 -1.720 41.987 2.472 573 573 Equity and investment fund the Debt instrumenta Pedellinen, Equity and investment fund sharm Debt instrumenta Per investment, Equity and investment fund wh Debt instrumente -4.152 2.337 -6.489 69.632 30.919 5.928 24.991 60.301 Qoraquity Debt instanta 69.632 54.850 60.301 77.299 - 11.318 -4.381 -6.957 62.791 0 62.791 101.732 1.820 99.912 -5.490 1.711 -3.778 -3.778 0 Other equity Balance on current, capital, and financial account Net errors and omissions Reserves and related items 54.850 17.363 -1.624 15.739 15.739 0 77.289 38.499 -1.429 37.071 37.071 0 Nel credit and loan from the IMF (necluding reserve position) Econfig This dreport the BOP Standard Pation for find in the eth Edition of the Baron Payment Manual (BPS