India Exam Junction

7. With reference to Balance of Payments, which of the following constitutes/constitute the Current Account?
1. Balance of trade

2. Foreign assets
3. Balance of invisibles

4. Special Drawing Rights
 

Select the correct answer using the code given below.

  1. 1 only

  2. 2 and 3

  3. 1 and 3

  4. 1, 2 and 4

Correct Answer :

1 and 3

Solution

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