Q. What is the current account of balance of payments? (Solved)
1. It is the account showing difference of total exports and imports in one year
2. It is the account showing transactions in invisible account like tourism, shipping, insurance etc.
3. It is the account showing transactions like net external assistance, NRI deposits, et
4. It is the account showing trade balance plus invisible balance
- d. It is the account showing trade balance plus invisible balance