Ayushi posted an Question
August 23, 2020 • 01:43 am 30 points
  • UGC NET
  • Economics

Which ome ot the follorving items is not included in the 'invisibles on current account of the balance of payment of india ? options foreign travel transportati

Which ome ot the follorving items is not included in the 'invisibles on current account of the balance of payment of India ? Options Foreign Travel Transportation ITT 2 Loans from foreign banks 3 Lnsurance 4. T

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    Nidhi taparia best-answer

    The answer is (3). Invisibles and Visibles are elements of Current Account in BoP. Whereas loans or external commerical borrowings are a part of capital account.

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