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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.
Who is known as DESHBANDHU?
Who got the throne after the death of Mughal emperor Aurangzeb?
Which of the following constitute the famous "Trinity of Carnatic music"?
Which Veda is often referred to as Brahma Veda?
Which emperor built the Quwwat-ul-Islam mosque in Delhi?
Where are the Bhimbetka caves located?
On what date was the Battle of Chamkaur fought, where Guru Gobind Singh's forces faced the Mughal army?
First woman governor in independent INDIA is?
Indus Valley Civilization is known as-
(1) for his town planning
(2) For Mohenjodaro and Harappa
(3) for his agricultural work and<...
‘Dibrugarh’ is situated on the bank on the river _________