UPSC Civil Services Prelims 2011
Question 4 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
15 words hidden ... of the current account; they fall under capital account classification. The current account is crucial for tracking ... 17 words hidden