Identify which of the following will appear on the debit side in the Capital Account of India’s Balance of Payments:
Identify which of the following will appear on the debit side in the Capital Account of India’s Balance of Payments:
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- An Indian sending remittances from England.
- Investing in assets abroad by Indians.
- An American company purchasing shares of an Indian company.
- Export of spices from India.
The Correct Option is B
Solution and Explanation
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