12th Class Economics Financial Market / वित्तीय बाजार Question Bank MCQs - Balance of Payments

  • question_answer
    'Charity from Abroad' will be recoreded on ......... side of the balance of payments accounts.

    A) debit

    B) credit

    C) Either (a) or (b)

    D) Not recorded

    Correct Answer: B

    Solution :

    Charity from abroad leads to inflow of currency, so, it will be recorded on the credit side of BoP.


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