UPSC Civil Services Prelims 2016
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