Question
Which among the following is NOT a component of Current
Account in Balance of Payment?Solution
Any kind of loan comes under the Capital Acount side of Balance of Payment. Interest payment of this loan comes under Current Account. Import and export of both goods and services always come under CA. A father sending money to his son studying in USA will also come under CA
What does 'ESG' stand for?
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Francois Bayrou has recently been appointed as the new Prime Minister of which country?
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