Question
Which type of income is included in the current account
of the Balance of Payments (BoP)?ÂSolution
The current account of the Balance of Payments includes compensation of employees and investment income. Investment income primarily covers profits, dividends, and interest earned from foreign investments. Other options, such as external assistance and portfolio investments, fall under different components of the BoP.Â
In the following question, a sentence is divided into four parts 1, 2, 3, and 4 in which two of the parts have some grammatical or contextual errors in...
He added that he was sure that whatever differences existed between two parties will be resolved through dialogue.
The decision to cut the prices were taken after a fortnightly review meeting of the oil companies.
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Had he known more about the policies of the company, he might not have accepted the offer.
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When Komal reached (1)/Â the village she (2)/Â discovered that reports (3)/Â about her preceded her (4)/ No error (5)