MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Capital Account

In the Balanc...

Question

In the Balance of Payment (BOP), the transfer of payment is included in which of the following?

A

Current Account

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

B

Capital Account

No worries! We‘ve got your back. Try BYJU‘S free classes today!

C

Savings Accounts under Govt. Schemes

No worries! We‘ve got your back. Try BYJU‘S free classes today!

D

Official Reserve Accounts

No worries! We‘ve got your back. Try BYJU‘S free classes today!

E

All of them

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is A Current Account
In the Balance of Payment (BOP), the transfer of payment is included in the Current Account.

Suggest Corrections

thumbs-up

0

Similar questions

Q. In the balance of payment account, the transfer payments are included in which one of the following?

Q. BOP (Balance of Payment) refers to

Q. The Current account of Balance of Payment (BOP) includes:

Select the correct answer using the code given below:

1 and 2 only
1 and 3 only
1, 2 and 3 only
1, 3 and 4 only

Q. In the context of Balance of Payment (BoP), which of the following form a part of internationally acceptable assets?

Q. Which one of the following items is not included in the current account of India's balance of payments?

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Balance of Payments

ECONOMICS

Watch in App

explore_more_icon

Explore more

Capital Account

Standard XII Economics

Join BYJU'S Learning Program

CrossIcon