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

Aspirational Districts Programme (ADP)

Revision Notes

Digital Rupee and Central Bank Digital Currency (CBDC)

Revision Notes

Bioeconomy and Biotech Sector

Revision Notes

Social Sector Reforms: Health and Education

Revision Notes

Skill Development Missions

Revision Notes

Climate Change: Challenges and Strategies

Revision Notes

Public Finance and Government Debt

Revision Notes

Make in India 2.0

Revision Notes

Inflation and Price Stability

Revision Notes

Micro-Irrigation and Water Management

Revision Notes