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 related to balance of payments on capital account?
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Foreign investment
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Loans
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NRI remmittance
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Allof these
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Explanation:
Detailed explanation-1: -The capital account looks at NRI deposits, loans and foreign investment.
Detailed explanation-2: -The balance of payments summarises the economic transactions of an economy with the rest of the world. These transactions include exports and imports of goods, services and financial assets, along with transfer payments (like foreign aid).
Detailed explanation-3: -Government Loans to Foreign Governments Was this answer helpful?
Detailed explanation-4: -The balance of payments includes both the current account and capital account.
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