Identify the correct matched pair from Column A to Column B and choose the correct alternative ...........

Economics (CUET) Balance of Payments

Download Solution PDF

Identify the correct matched pair from Column A to Column B and choose the correct alternative:

Column A:

1. Export of weapons to Vietnam

2. Import of Apache Helicopter from USA

3. Remittances from relative from UAE

4. Investment by Tesla Incorporation in India

Column B:

(a) Credit side of Current Account

(b) Capital Account of Balance of Payments

(d) Credit side of Current Account of Balance of Payments

1 - (a)

2 - (b)

3 - (c)

4-(d)

छोटे Courses बड़े Results

Master Balance of Payments

Prepare through Micro-courses

Try Now

Explanation:

Option (1) is correct.
Explanation: The export of goods, services and unilateral receipts is entered on the credit side of the Current Account. Therefore, being categorised as such, the export of weapons
to Vietnam will be credited to the current account as well.