Which of the following types of investment is are the part of the capital accounts in India 39 s Bal...........

Economic Affairs Balance of Payments

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Which of the following types of investment is/are the part of the capital accounts in India's Balance of Payments?

1.Japan's loan for the construction of Mumbai Ahmedabad High Speed Bullet Train Project.

2.World Bank's aid for construction of Multi Modal Terminal on Ganga at Varanasi.

3.India's assistance in building Salma Dam in Afghanistan.

Select the correct answer using the code given below:

1 and 2 only

2 and 3 only

1 and 3 only

1, 2 and 3

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Explanation:

All statements are correct

Japan's loan for the construction of Mumbai-Ahmedabad High-Speed Bullet Train Project: This represents a capital account transaction. It involves a foreign entity (Japan) providing financial assistance for a specific project in India.

World Bank's aid for the construction of Multi-Modal Terminal on the Ganga at Varanasi: This also represents a capital account transaction. The World Bank, being a foreign institution, provides financial aid for a specific infrastructure project in India.

India's assistance in building the Salma Dam in Afghanistan: This represents a capital account transaction from the perspective of India. India, as a country, is providing financial assistance for a project in Afghanistan.