2. Questions Bank
  3. 12th Class
  4. Economics
  5. Financial Market / वित्तीय बाजार

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

  • question_answer
    Increase in foreign exchange reserves are recorded in credit side of capital account.

    A) True

    B) False

    C) Partially true 

    D) Can't be predicted

    Correct Answer: B

    Solution :

    Foreign exchange reserves are considered as an asset for the economy and increase in assets are always debited as per accounting rule. So, increase in foreign exchange reserve will be recorded on debit side of capital account.


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