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
A plastic park/plant has been established in Uttarakhand at which place?
Gold Monetisation Scheme replaced which of the following schemes of the banks?
When was the Ramakrishna Math first established?
Where did INC Split for the first time?
Mamluk Dynasty was ended by which of the following rulers?Â
CRR and SLR were increased as a part of banking sector reforms
The total number of prime factors of
What term is used to describe the solar radiation that reaches the Earth?
Greenland island belongs to ?
Which of the following day is celebrated as International Day for Disability
