Question
Which type of income is included in the current account
of the Balance of Payments (BoP)?Solution
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.
How many quintals of maize were procured under the 'Himbhog' natural farming initiative in Himachal Pradesh?
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Recent reports indicate that at least 97 percent of coral has been wiped out from Lizard Island in three months. Which country is Lizard Island associat...
What is the authorized capital of CCIL IFSC Limited?
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