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

  • question_answer
    A company Located in India receives a loan from a company located abroad. How is his transaction recorded in India's balance of payments account?

    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: C

    Solution :

    [c] Credit side of capital account


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