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NextQ28

According to the Reserve Bank of India's (RBI's) Statistical Supplement released on 19th May, 2023 : "India's foreign exchange reserves grew for the third straight week and reached near an approximate level of $ 600 billion." The above situation will ________ the ________ side of Balance of Payments account of India. (Choose the correct alternative to fill in the blanks)

Introduction to Balance of PaymentsStudy Simplify SpecialPYQ1MCQ
Question 27

Read the following statements : Assertion (A) and Reason (R). Choose the correct alternative from those given below : Assertion (A) : In case of an unfavourable Balance of Trade, the Current Account of the nation may be in surplus. Reason (R) : Net invisible receipts of a nation can exceed the Net visible receipts. Alternatives :

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