“As per the National Stock Exchange (NSE) data, dated 9th June, 2023, there was a net selling off worth Rs. 309 crore by Foreign Institutional Investors (FIIs) over the period of one month i.e., 9th May, 2023 – 9th June, 2023.”
The above-mentioned transactions will be recorded on ______ side of _________ account of Balance of Payments of India.
(Choose the correct alternative to fill in the blanks)
“As per the National Stock Exchange (NSE) data, dated 9th June, 2023, there was a net selling off worth Rs. 309 crore by Foreign Institutional Investors (FIIs) over the period of one month i.e., 9th May, 2023 – 9th June, 2023.”
The above-mentioned transactions will be recorded on ______ side of _________ account of Balance of Payments of India.
(Choose the correct alternative to fill in the blanks)
Show Hint
- Debit, Current
- Credit, Capital
- Credit, Current
- Debit, Capital
The Correct Option is D
Solution and Explanation
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