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  5. Foreign Exchange Rate

12th Class Economics Foreign Exchange Rate Question Bank MCQs - Foreign Exchange Rate

  • question_answer
    An Indian company located in India invests in a company located abroad. This transaction is entered in India's balance of payments account on:

    A) credit side of current account

    B) debit side of current account

    C) credit side of capital account

    D) debit side of capital account

    Correct Answer: D

    Solution :

    [d] debit side of capital account


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