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Under the Balance of Payments structure of a nation, the two main categories of accounts for the classification of the transactions are ________ and ________.  
i. current account
ii. unilateral transfer account
iii. capital account
iv. loan account
Identify the correct alternatives from the following:
  • a)
    i and ii
  • b)
    i and iii
  • c)
    iii and iv
  • d)
    iv and i
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
Under the Balance of Payments structure of a nation, the two main cate...
Balance of payment of a country comprises of two accounts: (a) Current account, and (b) Capital account. Current account records transactions related to export and import of goods and services, unilateral transfers received and paid to and from rest of the world and capital account records transactions related to Borrowings and loans given, Investment made to and from rest of the world, and change in foreign exchange reserves.
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Under the Balance of Payments structure of a nation, the two main categories of accounts for the classification of the transactions are ________ and ________. i. current accountii. unilateral transfer accountiii. capital accountiv. loan accountIdentify the correct alternatives from the following:a)i and iib)i and iiic)iii and ivd)iv and iCorrect answer is option 'B'. Can you explain this answer?
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Under the Balance of Payments structure of a nation, the two main categories of accounts for the classification of the transactions are ________ and ________. i. current accountii. unilateral transfer accountiii. capital accountiv. loan accountIdentify the correct alternatives from the following:a)i and iib)i and iiic)iii and ivd)iv and iCorrect answer is option 'B'. Can you explain this answer? for Class 12 2025 is part of Class 12 preparation. The Question and answers have been prepared according to the Class 12 exam syllabus. Information about Under the Balance of Payments structure of a nation, the two main categories of accounts for the classification of the transactions are ________ and ________. i. current accountii. unilateral transfer accountiii. capital accountiv. loan accountIdentify the correct alternatives from the following:a)i and iib)i and iiic)iii and ivd)iv and iCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Class 12 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Under the Balance of Payments structure of a nation, the two main categories of accounts for the classification of the transactions are ________ and ________. i. current accountii. unilateral transfer accountiii. capital accountiv. loan accountIdentify the correct alternatives from the following:a)i and iib)i and iiic)iii and ivd)iv and iCorrect answer is option 'B'. Can you explain this answer?.
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