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NextQ5

As per the Reserve Bank of India (RBI) press report, dated 22nd June, 2022 : “Net Foreign Portfolio Investment (FPI) recorded an outflow of US$15.2 billion mainly from the equity market.” The above transaction will be recorded in the _____ account on _____ side of Balance of payments account of India. (Choose the correct alternative)

Introduction to Balance of PaymentsStudy Simplify SpecialPYQ1MCQ
Question 4

Read the following statements – Assertion (A) and Reason (R). Choose one of the correct alternatives given below : Assertion (A) : The Balance of Payments is in surplus, if autonomous receipts are greater than autonomous payments. Reason (R) : Autonomous transactions are determined by the difference in the Balance of Payments. Alternatives :

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