ECONOMICS
TRADE EXCHANGE AND INTERDEPENDENCE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The following our included in the current account except
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Net Exports
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Investment Income
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Net Capital Outflow
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Net Transfers
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Explanation:
Detailed explanation-1: -The four major components of a current account are goods, services, income, and current transfers.
Detailed explanation-2: -Answer and Explanation: The correct answer is : C. US Capital inflow and outflow.
Detailed explanation-3: -Short-term commercial borrowings are not included in the current account of the Balance of Payment(BoP) in India.
Detailed explanation-4: -Packaged Current Account: The Packaged Current Account is one of those types of Current Account, which is in between the premium account and standard Current Account. Foreign Currency Account : Single Column Cash Book :
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