Capital Account of balance of payment includes:
(A) Export and Import of goods
(B) Receipt of loans from abroad
(C) Purchase of shares in foreign countries
(D) Current transfers from Abroad
(E) Repayment of International loans
Choose the correct answer from the options given below :
(
This question was previously asked in
Shift 01/06/2023 8:30 AM - 11:30 AM
A
(A), (D), (C) Only
B
(D), (B), (A) Only
C
(B), (C), (E) Only
D
(E), (A), (D) Only
Correct Answer
(B), (C), (E) Only
Detailed Explanation
The Capital Account of the balance of payments includes the following:
(B) Receipt of loans from abroad: This includes foreign loans received by the country.
(C) Purchase of shares in foreign countries: This represents the purchase of equity or assets in foreign companies.
(E) Repayment of international loans: This involves the repayment of loans taken from foreign entities.
So, the correct answer is (3) (B), (C), (E) Only.
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