Q. Who is responsible for the periodic release of data on balance of payments (BoP) in India?
Answer: Reserve Bank of India
Notes: The Reserve Bank of India (RBI) periodically releases data on balance of payments (BoP) of India. The BoP is a statement that captures all the transactions between residents and non-residents of a country during a specified period. It gives a comprehensive view of a country’s economic transactions including imports, exports, income flows, and transfers with the rest of the world.