Profits obtained by a foreign firm's branch in India will be recorded on which side and in which account of balance of payment. Option 1: Credit side of current account Option 2: Debit side of current account Option 3: Credit side of capital account Option 4: Debit side of capital account

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

CUET Economics - Profits obtained by a foreign firm's branch in India will be recorded on which side and in which account of balance of payment. | PYQs + Solutions

CUET Economics

Macro

Medium

Credit side of current account

Debit side of current account

Credit side of capital account

Debit side of capital account

✅ Correct Option: 2

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