RRaahUPSC
2013 · EconomyPrevious Year Question
Q6.
Which of the following constitute Capital Account? 1. Foreign Loans 2. Foreign Direct Investment 3. Private Remittances 4. Portfolio Investment Select the correct answer using the codes given below:
A. 1, 2 and 3
B. 1, 2 and 4
C. 2, 3 and 4
D. 1, 3 and 4
Answer

B

Explanation

Private Remittances form a part of the current account and not the capital account. Foreign Loans, FDI, and Portfolio Investment are components of the Capital Account.
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