Indian Real Estate Company receives rent from Microsoft from London. This transaction will be recorded in __________ Account. Option 1: Credit side of current Option 2: Debit side of current Option 3: Credit side of capital Option 4: Debit side of capital

The answer is 'Credit side of current'. View full solution:

CUET Economics - Indian Real Estate Company receives rent from Microsoft from London. This transaction will be recorded in __________ Account. | PYQs + Solutions

CUET Economics

Macro

Medium

Credit side of current

Debit side of current

Credit side of capital

Debit side of capital

✅ Correct Option: 1

Related questions:

31 May Shift 1

Which of the following are part of Capital account.

(A) Foreign Direct Investment.

(B) Offshore Funds.

(D) Repayment of Loans.

Choose the correct answer from the options given below:

(A), (B) and (D) only
(A), (B) and (C) only
(A), (B), (C) and (D)
(B), (C) and (D) only

16 May Shift 1

Suppose the central bank of an economy records a net increase in the foreign exchange reserves for a given quarter. How will this be reflected in the balance of payments account of this economy?

20 June Shift 1

Match List I with List II

LIST I	LIST II
A. Accommodating items	I. International purchases
B. Capital Account	II. Central Bank
C. Balance of trade	III. Below the line items
D. Dirty Floating	IV. Visible items

Choose the correct answer from the options given below:

CUET Economics PYQs

Keyboard Shortcuts