Question : Payments of unilateral transfers from rest of the world is recorded on ______ side of __ account.
Option 1: Credit, current
Option 2: Credit, capital
Option 3: Debit, current
Option 4: Debit, capital
Correct Answer: Debit, current
Solution : Payments of unilateral transfers from rest of the world is shown on the debit side of current account. Hence, Option C is correct.
Question : Receipts of unilateral transfers from rest of the world is recorded on ______ side of ______ account.
Question : Investment from abroad is recorded on _______ side of _______ account.
Question : Investment to abroad is recorded on _______ side of ___ account.
Question : Withdrawl from the foreign exchange reserves is recorded on the ______ side of ___ account.
Question : Addition of the foreign exchange reserves is recorded on the ______ side of ___ account.
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