Q: Which of the following constitute Capital Account?
- Foreign Loans
- Foreign Direct Investment
- Private Remittances
- Portfolio Investment
Select the correct answer using the codes given below:
a) 1, 2 and 3
b) 1, 2 and 4
c) 2, 3 and 4
d) 1, 3 and 4
Correct Answer: Option (b)
- Foreign Loans, Foreign Direct Investment and Portfolio Investment are part of Capital Account. But the Private Remittances is a part of current account not the Capital Account. Hence, option (b) is correct.
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