An Indian company located in India invests in a company located abroad This transaction is ente...........

Economics (CUET) Balance of Payments

An Indian company located in India invests in a company located abroad. This transaction is entered in India's Balance of Payments Account on:

Credit side of current account.

Debit side of current account.

Credit side of capital account.

Debit side of capital account.

Option (4) is correct.
Explanation: It is an outflow of money from Indian economy.

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