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

IMF Reserve Tranche

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Foreign loans

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None of the above

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Solution

The correct option is C IMF Reserve Tranche
Each member country of IMF is required to maintain a quota in IMF which can be used by that country for its own use. The reserve tranche portion of the quota is that portion which is accessible at any time to the country.

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Similar questions

Which among the following statement(s) is/ are correct about India’s balance of payment? (NCERT)

1. The current account records of export and import in goods and services and stocks and bonds.

2. “Golden Period” of balance of payment in India was during Independence.

3. High earning from invisible was one of the reasons for satisfactory Bop situation in post reform period.

4. India’s forex Reserve SDR and RTP.

Code:

Q. Which of the following is/are the components of the current account of the balance of payment (BoP)?

Select the correct answer using the codes below:

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