Question

Which of the following pairs is INCORRECTLY matched?
I.   Balance of Trade — Difference between exports and imports of goods only.
II.  Current Account Balance — Includes trade in goods, services, primary income, and secondary income.
III. Capital Account — Records FDI, FPI, and external commercial borrowings.
IV.  Financial Account — Records transfers of non-produced non-financial assets and capital transfers.

A I only
B III and IV only
C II only
D I and II only
E None — all are correctly matched
Practice Next

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)