What is the concept of disequilibrium in balance of payment ? Discuss the measures adopted to restore the equilibrium. 

The balance of payments (BOP) is a statement of all transactions made between entities in one country and the rest of the world over a defined period of time, such as a quarter or a year.

Current vs. Capital Accounts:

The current and capital accounts represent two halves of a nation's balance of payments. The current account represents a country's net income over a period of time, while the capital account records the net change of assets and liabilities during a particular year.

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