SSC Economics Sample Paper NCERT Sample Paper-1

  • question_answer
    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.

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