Skip to main contentSkip to solution

Capital Account of balance of payment includes :

(A) Export and Import of goods

(B) Receipt of loans from abroad

(C) Purchase of shares in foreign countries

(D) Current transfers from Abroad

(E) Repayment of International loans

Choose the correct answer from the options given below :

Solution

Correct Option: 3

The Capital Account records transactions involving assets and liabilities. Receipt of loans from abroad (B), purchase of shares in foreign countries (C), and repayment of international loans (E) are all capital account transactions. Export and import of goods (A) falls under the current account (trade account). Current transfers (D) are also part of the current account. Hence (B), (C), (E) only.

Keyboard Shortcuts

  • Left arrow: Previous question
  • Right arrow: Next question
  • S key: Jump to solution
  • Q key: Jump to question