Question 11 of 46Indian Economy

Which of the following are the components of India’s current account? 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

14 words hidden ... income, compensation, and transfers. Capital transfers are not part of the current account; they belong to the capital ... 17 words hidden