if you want to remove an article from website contact us from top.

    which of the following pairs is not correctly matched with regard to balance of payment accounts

    Mohammed

    Guys, does anyone know the answer?

    get which of the following pairs is not correctly matched with regard to balance of payment accounts from screen.

    [Solved] Which of the following pairs is correctly matched with regar

    The correct answer is Direct investment receipt – Credit in the capital account. Key Points The balance of payments (BOP) is the record of any pa

    Home General Knowledge Economy National Income Accounting Economic Concepts and Theories

    Question

    Download Solution PDF

    Which of the following pairs is correctly matched with regard to balance of payment accounts ?

    This question was previously asked in

    JKSSB Finance Sub-Inspector Official Paper 2 (Held On : 1 April 2021 Shift 1)

    Download PDF Attempt Online

    View all JKSSB SI Commercial Taxes Papers >

    Direct investment receipt – Credit in the capital account

    Receipts of transfer payments – Debit in the current account

    Portfolio investment payments- credit in the current account

    Export of services – Debit in the current account.

    Answer (Detailed Solution Below)

    Option 1 : Direct investment receipt – Credit in the capital account

    Detailed Solution

    Download Solution PDF

    The correct answer is Direct investment receipt – Credit in the capital account.

    Key Points

    The balance of payments (BOP) is the record of any payment or receipt between one nation and its nationals with any other country.

    The current account, the capital account, and the financial account make up a country's BOP.

    Together, these three accounts tell a story about the state of an economy, its economic outlook, and its strategies for achieving its desired goals.

    A current account records the flow of goods and services in and out of a country, including tangible goods, service fees, tourism receipts, and money sent directly to other countries either as aid or sent to families.

    A financial account measures the increase or decrease in international ownership assets that a country is associated with, while a capital account measures the capital expenditures and overall income of a country.

    A country's capital account refers to any and all international capital transfers.

    The overall expenditures and income are measured by the inflow and outflow of funds in the form of investments and loans flowing in and out of the economy. Hence, the Direct investment receipt is credited into the capital account.

    Download Solution PDF

    Share on Whatsapp

    India’s #1 Learning Platform

    Start Complete Exam Preparation

    Daily Live MasterClasses

    Practice Question Bank

    Mock Tests & Quizzes

    Get Started for Free

    Download App

    Trusted by 2,59,19,929+ Students

    ‹‹ Previous Ques Next Ques ››

    More National Income Accounting Questions

    Q1. Who among the following is responsible for preparation of National Income estimates in India?Q2. The goods produced in a ________ society are distributed among the people, not on the basis of the need of the people but on the basis of purchasing power – the ability to buy goods and services.Q3. What was India's per capita net national income (estimated) during 2019-20?Q4. What does 'Revenue Neutral Tax Rate' mean in reference to 'Goods and Services Tax (GST)'?Q5. The money accruing from the sale of 'National Savings Certificates' goes to which account of the Government of India?Q6. The share of secondary sector in GDP in India from 1950-51 to 2013-14 has increased by ________ per cent.Q7. Government bonds with no coupon payments are called ____.Q8. What do you call a proportionate saving in costs gained by an increased level of production?Q9. According to Malthusian theory which of the following grows in geometric progression?Q10. Which of the following statements is NOT correct regarding the economic growth?

    More Economy Questions

    Q1. Who among the following is entrusted with the responsibility of conducting monetary policy in India?Q2. The 'Central Institute of Arid Horticulture' is situated at -Q3. Which one of the following is not correctly matched?   Breed  Animal  (A) Nali Sheep (B) Nagauri Cow (C) Shekhawati Goat (D) Malpuri BuffaloQ4. A cultivator, which is a tractor driven agricultural implement, is used for ________.Q5. Who among the following is responsible for preparation of National Income estimates in India?Q6. How much amount have been allocated to the Khelo India Programme in Union Budget 2022?Q7. Which of the following scheme's next phase was announced in the Union Budget 2022?Q8. What is the name of the programme to enhance development of the villages on the northern border of India?Q9. How many crores have been allocated for completion of 80 lakh houses under the PM Awas Yojana, both Rural and Urban, in 2022-23?Q10. As per the Union Budget 2022, fiscal deficit in the financial year 2022-23 is estimated to rise _______________of GDP against 6.8 per cent in Budget Estimates.

    स्रोत : testbook.com

    Which one of the following pairs is not correctly matched with regard to balance of payments accounts?

    Click here👆to get an answer to your question ✍️ Which one of the following pairs is not correctly matched with regard to balance of payments accounts?

    Question

    Which one of the following pairs is not correctly matched with regard to balance of payments accounts?

    A

    Import of goods and services - Debit in the current account

    B

    Receipts of transfer payment - Credit in the current account

    C

    Direct investment receipt - Credit in the capital account

    D

    Portfolio investment payments - Debit in the current account

    Hard Open in App Solution Verified by Toppr

    Correct option is D)

    The balance of payments account for one country records all the payments that effect funds transfers between that nation and the rest of the world. Payments from foreigners to the domestic country are credited to the account. These include all foreign payments for exports, payments from foreign tourists for services, investment income made by the domestic country in foreign markets, unilateral transfers and capital inflows.

    Was this answer helpful?

    30 0

    स्रोत : www.toppr.com

    [Solved] Which of the following pairs is not correctly matched with regard to balance of payment accounts?

    Q.

    Which of the following pairs is not correctly matched with regard to balance of payment accounts?

    A. Import of goods and services – Debit in the current account

    B. Receipts of transfer payments – Credit in the current account

    C. Direct investment receipt – Credit in the capital account

    D. Portfolio investment payments – Debit in the current account

    Answer» D. Portfolio investment payments – Debit in the current account

    Report View more MCQs in

    » International Business Environment solved mcqs

    Related questions

    If the Balance of Payment of a country is adverse, then which institution will help that country?

    The union government adopted new definition of FDI and FPI in 2014. Which of the given below is incorrect in this regard

    Which of the following does not form part of current account under balance of payments?

    Balance in capital account refer to the

    Which of the following is not a feature of a Multi-National Company?

    Which of the following is not cultural factor?

    Which of the following is not only a part of ethics but statutory compliance?

    : Which of the following statements is/are correct regarding FDI under automatic route?1. FDI in India under the automatic route does not require prior approval either by the Government of India or the Reserve Bank of India. 2. Investors are only required to notify the concerned regional office of the RBI before receipt of inward remittances and file required documents with that office before the issue of shares to foreign investors. Select the correct answer using the codes given below.

    Which of the following is not the objective of the IMF?

    Which of the following institutions is not part of the World Bank community?

    स्रोत : mcqmate.com

    Do you want to see answer or more ?
    Mohammed 7 month ago
    4

    Guys, does anyone know the answer?

    Click For Answer