Nachiket posted an Question
August 26, 2020 • 16:53 pm 30 points
  • UGC NET
  • Commerce

Dentity the item which does not include under current account transaction. (june 2013 p-1l) (b) non-monetary movement of gold a services (d) investment income u

dentity the item which does not include under Current Account transaction. (June 2013 P-1l) (B) Non-monetary movement of gold A Services (D) Investment income Unilateral transfer Ans. (C

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  • Priya gulani Best Answer

    they all are included under current account transaction. Presentation/Classification of Data The data on India's Balance of Payments are published regularly in the Reserve Bank of India's monthly bulletin and presented as per format given below (Rs.Crores) Items Credits Debits Net A B' CURRENT ACCOUNT I.Merchandise i)private ii)Government II.Non-monetary gold movement Ill.Invisibles 1.Travel 2.Transportation 3.Insurance 4.Investment Income 5.Government,not included elsewhere 6.Miscellaneous 7.Transfer payments i)Official ii)Private Total Current Account(I+Il+lll) CAPITAL ACCOUNT 1.Private i)Long-term ii)Short-term 2.Banking 3.Official i)Loans ii)Amortisation iii)Miscellaneous Total Capital Account(1+2+3

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