Economics · Balance of Payments
Consider the following pairs with reference to the classification of transactions in India's Balance of Payments: Item — Recorded under I. Personal transfers from Indians working abroad — Current Account II. Foreign Portfolio Investment in domestic equity markets — Capital Account III. Special Drawing Rights allocated by the International Monetary Fund — Financial/Capital Account IV. External assistance in the form of sovereign loans — Capital Account How many of the above pairs are correctly matched?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1All four
- 2Only three✓
- 3Only two
- 4Only one
Correct answer
Only three
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