UGC NET
Ayushi Asked a Question
August 22, 2020 8:13 pmpts 30 pts
  • 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 thankyou
    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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