The Capital Account of Balance of Payments includes:

Suppose an Indian manufacturer of steel acquires a steel manufacturing unit in Europe. This type of transactions are recorded in which of the following.

Which of the following is not a merit of the flexible exchange rate system?

Which of the following statements are true ?

(A) Managed floating is also called dirty floating.

(B) Making domestic currency cheaper by government is called devaluation

(C) Exchange rate determined by the market forces of demand and supply, known as floating exchange rate.

(D) In a fixed exchange rate system, the government fixes the exchange rate.

Choose the correct answer from the options given below :

Which of the following is not an autonomous transaction of the balance of payments?

With reference to the above passage, the current account comprises?

1. Exports and Imports of visible items only.
2. Exports and imports of visible and invisible items and external borrowings.
3. Exports and imports of goods & services plus transfer payments.
4. Short Term Debt.

From the given data, find out the Current Account Balance.