With reference to Balance of Payments, which of the following constitu…

Question

With reference to Balance of Payments, which of the following constitutes/constitute the Current Account?
1. Balance of trade
2. Foreign assets
3. Balance of invisibles
4. Special Drawing Rights
Select the correct answer using the code given below.

Accepted Answer

C. 1 and 3

UPSC CSE Prelims 2014 (GS-I, Set A), Q.30. Official answer key: C.

Answer

1 only

Answer

2 and 3

Answer

1, 2 and 4

With reference to Balance of Payments, which of the following constitutes/constitute the Current Account? 1. Balance of trade 2. Foreign assets 3. Balance of invisibles 4. Special Drawing Rights Select the correct answer using the code given below.