Question 7 of 53Indian Economy
Which of the following are included in the current account of India’s Balance of Payments? 1. Merchandise trade 2. Services 3. Income receipts and payments 4. Capital transfers Select the correct answer using the code given below:
A1 and 2 only
B1, 2 and 3 only
C2, 3 and 4 only
D1, 2, 3 and 4
Correct Answer
The correct answer is hidden
Explanation
18 words hidden ... are not part of the current account; they belong to the capital account structure in standard balance-of-payments ... 24 words hidden