Question : Which of the following is not a component of the balance of payments?
Option 1: Current account
Option 2: Capital account
Option 3: financial account
Option 4: Trade account

Question

Question : Which of the following is not a component of the balance of payments?

Option 1: Current account

Option 2: Capital account

Option 3: financial account

Option 4: Trade account

Team Careers360 · Accepted Answer

Correct Answer: Trade account

Solution : The correct answer is (d) Trade account

The "Trade account" is not a separate component of the balance of payments. However, it is commonly used to refer to the balance of trade, which is the difference between a country's exports and imports of goods and services.

Exams

Colleges

Predictors

Resources

Quick links

B.Tech CompanionUse Now Your one-stop Counselling package for JEE Main, JEE Advanced and BITSAT

Exams

Colleges & Courses

Predictors

Resources

Exams

Colleges

Predictors & E-Books

Resources

Engineering Preparation

Medical Preparation

Online Courses

Products

Exams

Colleges

Resources

Exams

Colleges

Predictors & Articles

Resources

Exams

Colleges

Predictors

Resources

NEET CompanionUse NowYour one-stop Counselling package for NEET, AIIMS and JIPMER

Exams

Colleges

Upcoming Events

Resources

Exams

Colleges

Resources

Quick Links

Top Streams

Specializations

Resources

Top Providers

Exams

Colleges

Resources

Diploma Colleges

Exams

Colleges

Resources

Exams

Resources

Top Courses & Careers

Colleges

Exams

Upcoming Events

Resources

Other Exams

Exams

Colleges

Top Countries

Student Visas

Exams

Top Schools

Products & Resources

NCERT Study Material

Question : Which of the following is not a component of the balance of payments?Option 1: Current accountOption 2: Capital accountOption 3: financial accountOption 4: Trade account

Related Questions

Question : Which of the following is not a component of the current account?

Question : Which of the following is not a component of the current account?

Question : The balance of trade is a part of which account in the Balance of Payments?

Question : Which of the following is not a component of the current account in the balance of payments?

Question : Which of the following is not a component of the current account in the balance of payments?

Trending Articles/News

Sign In/Sign Up

Download the Careers360 App on your Android phone

B.Tech CompanionUse Now
Your one-stop Counselling package for JEE Main, JEE Advanced and BITSAT

NEET CompanionUse Now
Your one-stop Counselling package for NEET, AIIMS and JIPMER

Question : Which of the following is not a component of the balance of payments?
Option 1: Current account
Option 2: Capital account
Option 3: financial account
Option 4: Trade account