2. Questions Bank
  3. 12th Class
  4. Economics
  5. Financial Market / वित्तीय बाजार

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

  • question_answer
    Current account records all payments to rest of the world as ......... and all receipts from rest of the world as

    A) Credit, debit        

    B) Debit, credit

    C) Debit, debit 

    D) Credit, credit

    Correct Answer: B

    Solution :

    Any outflow of foreign currency is recorded on the debit side of current account while any inflow of foreign currency is recorded on the credit side of current account.


You need to login to perform this action.
You will be redirected in 3 sec spinner