📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    Question

    Which among the following are recorded in the Balance

    of Payment (BoP)?
    A All import items Correct Answer Incorrect Answer
    B All export items Correct Answer Incorrect Answer
    C All FDI into India Correct Answer Incorrect Answer
    D Loan taken by India from abroad Correct Answer Incorrect Answer
    E All of the above Correct Answer Incorrect Answer

    Solution

    In all the above cases, money is crossing national border. Thus all the transactions would be recorded in BoP. Import and exports are written in the Current Account. FDI (Foreign Direct Investment) and loan from abroad will be under Capital Account

    Practice Next
    More Static GA Questions

    Relevant for Exams:

    ask-question