Question
Which of the following is a component of Current
Account of Balance of Payment?Solution
Interest payment on loan comes under Current Account but loan itself (principle) comes under Capital Account. Current account- Export and imports of both goods and service, income from profit, interest and dividend, remittances, donation, gifts Capital Account- investment (FDI, FPI), Loan (Sovereign loan or External Commercial Borrowing), NRI accounts (FCNR) ECB or External Commercial Borrowing allows companies to raise capital from abroad in foreign currency. It is also a kind of loan and written under Capital Account.Â
Who won the Men’s Doubles Tennis title at the ATP Challenger Tour in Italy in November 2024?
According to the S&P Global Ratings, India is likely to grow at ______ for the next three years, retaining its tag as the fastest-growing major economy.
Graphite is used in which of the following applications?
Which initiative aims to empower marginalized communities through entrepreneurship in India?
- What is the newly launched Indian government initiative "Sagar Samriddhi" focused on?
The government has allocated an additional ₹10,000 crore to which initiative to support start-ups in India?
Under the Mukhyamantri Mahila Rojgar Yojana, how much initial direct transfer was made into each woman’s bank account?Â
Which city is hosting the 18th International Olympiad on Astronomy and Astrophysics (IOAA) in 2025?Â
Which port in India hosted the country's first 1 MW green hydrogen plant in 2025?Â
Who became the first Indian to win the Kenton R. Miller Award from the World Commission on Protected Areas (WCPA)?Â
