12th Class Economics Financial Market / वित्तीय बाजार Question Bank MCQs - Balance of Payments

  • question_answer
    Which of the following is not a component of current account of BoP?

    A) Balance of trade

    B) Balance of invisibles

    C) Investment income

    D) All of the above are the components of current account

    Correct Answer: D

    Solution :

    Current account of BoP records all such transactions which have no impact on either assets or liabilities of the county. All of the items are such which do not impact the assets or liabilities.


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