Which among the following is NOT a component of Current Account in Balance of Payment?

A Import of pulses during high price in domestic market Correct Incorrect

B Japan providing long term loan for bullet train Correct Incorrect

C TCS exporting its IT services to USA Correct Incorrect

D A father sending money to his son studying in a university in Australia Correct Incorrect

E None of the above Correct Incorrect

Detailed 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

Practice Next

More Static GA Questions

Currently there are how many members of NATO(North Atlantic Treaty Organization)?
SEBI regulates Money market and RBI regulates capital market
Who is known as “Land of thunderbolts”?
Which state government has recently come up with a Helipad policy?
Which of the following is the largest producer of pineapple in the country?
Who among the following has written the biography of Buddha, Buddhacharita?
The famous Pushkar lake is in?
Who has acquired the L&T Mutual Funds?
Who is appointed as the next high commissioner from India to Canada?
Price earnings (PE) ratio shows how much an investor is willing to pay for each rupee of the earnings given the actual market price

Hey! Ask a query

Please enter email id The email must be a valid email address.

Please enter Mobile Number Please enter valid Mobile Number

Please enter your Doubt

Thank You for posting your query. Please check your email for further guidance.

Which among the following is NOT a component of Current Account in Balance of Payment?

Detailed Solution

More Static GA Questions

Hey! Ask a query

Please Register/Login