Which of the following item will be entered on the credit side of the current account in the Balance of Payment of a country?
Mukesh Sharma December 15, 2021
CBSE Class 12 Economics Exam, Question 4: Which of the following item will be entered on the credit side of the current account in the Balance of Payment of a country? (Choose the correct alternative)
(a) Borrowings from abroad
(b) Import of Machinery
(c) Export of tea
(d) Foreign Direct Investment
The correct answer is (c) Export of tea.
The item 'Export of tea' will be entered on the credit side of the current account in the Balance of Payment of a country.
