| Which of the following is not part of capital account? |
| 1. Foreign Loans |
| 2. Foreign Direct Investment |
| 3. Private Remittances |
| 4. Portfolio Investment |
| Which of the above statements is/are correct? |
A) 1 and 2 only
B) 3 and 4 only
C) 3 only
D) 4 only
Correct Answer: C
Solution :
[c] The capital account is the net result of public and private international investments flowing in and out of a country. The capital account includes foreign direct investment (FDI), portfolio and other investments, plus changes in the reserve account.
You need to login to perform this action.
You will be redirected in
3 sec
