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Which of the following items come under ‘Current Account’ of the Balance of Payment?
1. Exports 
2. Interest payments 
3. Private remittance 
4. FDI 
5. External lending and borrowing 
Select the correct answer using the code given below:
  • a)
    1, 2 and 3
  • b)
    2, 3 and 4
  • c)
    1, 2, 3 and 5
  • d)
    1, 2, 3, 4 and 5
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
Which of the following items come under‘Current Account’ o...
The category of dairy products?

1. Milk
2. Cheese
3. Yogurt
4. Butter
5. Cream
6. Ice cream
7. Sour cream
8. Cottage cheese
9. Whey protein powder
10. Condensed milk.
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Community Answer
Which of the following items come under‘Current Account’ o...
FDI and external lending and borrowing come the capital account as they are long term. Current account transactions are calculated on a yearly basis.
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Which of the following items come under‘Current Account’ of the Balance of Payment?1. Exports2. Interest payments3. Private remittance4. FDI5. External lending and borrowingSelect the correct answer using the code givenbelow:a)1, 2 and 3b)2, 3 and 4c)1, 2, 3 and 5d)1, 2, 3, 4 and 5Correct answer is option 'A'. Can you explain this answer?
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