NextQ10

Read the following statements carefully : Statement 1 : Import of gold from Dubai will be recorded on the debit side of the current account in Balance of Payments of India. Statement 2 : Outflow of Foreign Institutional Investment (FII) from Indian stock markets will be recorded on the credit side of the capital account. In light of the given statements, choose the correct alternative from the following :

Introduction to Balance of PaymentsStudy Simplify SpecialPYQ1MCQ
Question 9

Keeping other factors constant, if the price of crude oil falls in the international market, it may lead to __________. (Choose the correct alternative to fill up the blank)

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