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Which of the following is a component of capital account?
Change in Foreign Exchange Reserves
All of these
Option (4) is correct.
Explanation: Capital account is that account which records all such transactions between residents of a country and rest of the world which cause a change in the asset or liability
status of the residents of a country or its government. The main components of capital account are Loans, Foreign investments and change in Foreign Exchange Reserves.
By: Parvesh Mehta ProfileResourcesReport error
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