Economics · Balance of Payments
When a business organisation located in India invests in a foreign-based company, this outbound foreign direct investment transaction is recorded on the ________ of the ________ account in India's Balance of Payments.
- 1credit side, capital
- 2debit side, capital✓
- 3credit side, current
- 4debit side, current
Correct answer
debit side, capital
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