Question
Which one of the following is an element of capital account in the Balance of Payments?
The correct answer is
Foreign direct investments
The correct answer is option 2. Foreign direct investments are part of the capital account in the Balance of Payments.
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Important Questions from External Sector
Which function is used to calculate the maximum value in a selected column in MS Excel?
In relation to the balance of payments, a __________ deals with foreign exchange reserves, investments, loans, and borrowings.
The ____ Oversees the Foreign Exchange Management Act, 1999.
In 1991, under the external sector reforms, Indian rupee ______.
Credit multiplier is equal to:
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