Examveda

All of the following are included as invisible items on the current account of balance of payments except which one?

A. Flows of profits from assets held overseas

B. Inflows of overseas investments

C. Expenditure of foreign tourists with in the country

D. Interest payments received from bank accounts held in other countries

Answer: Option B


Join The Discussion

Related Questions on Business Environment and International Business

Consider the following statements. Which of these statements is/are true?

A. Socialism is compatible with democracy and liberty, whereas Communism involves creating an 'equal society' through an authoritarian state

B. Totalitarianism is a form of government which involves complete submission of people to the government. The State recognizes no limits to its authority and strives to control every aspect of public and private life wherever feasible

C. India differed from core socialism as it went for a mixed economy rather than complete government control

D. All of the above statements are true