Question Details

Detailed explanation and options for the selected question.

What does the term “capital account” refer to in the balance of payments?

A. Exports and imports of goods
B. Flow of capital such as loans and investments
C. Remittances from abroad
D. Tourism receipts

Explanation:

The capital account records financial flows like loans and investments. Exports, remittances, and tourism fall under the current account.

Related Topics

Urban Cooperative Banks and Microfinance

Revision Notes

Contract Farming and Value Chains

Revision Notes

Agriculture in India

Revision Notes

Women’s Self-Help Groups (SHGs)

Revision Notes

Ayushman Bharat and Healthcare Access

Revision Notes

Labour Codes and Workforce Formalization

Revision Notes

Regional Comprehensive Economic Partnerships (RCEP) Withdrawal

Revision Notes

Social Sector Schemes and Welfare Programs

Revision Notes

Tourism-Led Growth Strategies

Revision Notes

Social Impact Bonds and Innovative Financing

Revision Notes