ECONOMICS
BALANCE OF PAYMENTS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following items are not a part ofcapital account?
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loans
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Banking capital transactions
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Unilateral transactions
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Portfolio investment
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Explanation:
Detailed explanation-1: -Private remittances come under the Current account and not the Capital account.
Detailed explanation-2: -The components of the capital account include foreign investment and loans, banking, and other forms of capital, as well as monetary movements or changes in the foreign exchange reserve.
Detailed explanation-3: -Government Loans to Foreign Governments.
Detailed explanation-4: -governments subsidies & incentives.
There is 1 question to complete.