3 Views

Question : Which of the following are true?

  1. NFIA can be zero, when income earned from abroad is equal to income paid to abroad.
  2. NFIA can be positive, when income earned from abroad is greater than income paid to abroad.
  3. NFIA can be negative, when income earned from abroad is more than the income paid to abroad.

Option 1: 1&2

Option 2: 2&3

Option 3: 1&3

Option 4: 1,2&3


Team Careers360 6th Jan, 2024
Answer (1)
Team Careers360 21st Jan, 2024

Correct Answer: 1&2


Solution :

When income received from abroad exceeds income paid abroad, the NFIA is positive.
When income received from abroad is less than income paid abroad, NFIA is negative.
When income received from abroad equals income paid abroad, the NFIA is zero.
Hence, Option A is correct.

Related Questions

UPES Integrated LLB Admission...
Apply
Ranked #28 amongst Institutions in India by NIRF | Ranked #1 in India for Academic Reputation by QS University Rankings | 16.6 LPA Highest CTC
SLAT 2025 - The Symbiosis Law...
Apply
Conducted by Symbiosis International (Deemed University) | Ranked #5 in Law by NIRF | Ranked #2 among best Pvt Universities by QS World Rankings
Jindal Global Law School Admi...
Apply
Ranked #1 Law School in India & South Asia by QS- World University Rankings | Merit cum means scholarships
Symbiosis Law School Pune Adm...
Apply
NAAC A++ Accredited | Ranked #5 by NIRF
Nirma University Law Admissio...
Apply
Grade 'A+' accredited by NAAC
ISBR Business School PGDM Adm...
Apply
Ranked as Platinum Institute by AICTE for 5 years in a row | Awarded Best Business School of the Year
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books