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Explain capital account of balance of payments. - Economics

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प्रश्न

Explain capital account of balance of payments.

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उत्तर

The capital account refers to financial transactions and covers all types of short-term and long-term international capital movements. It includes the transfer of gold, private account payments, transactions involving national institutions, as well as government-related payments such as debts, interest, and grants.

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अध्याय 27: Balance of Payments - TEST QUESTIONS [पृष्ठ २७.१४]

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आर. के. लेखी और पी. के. धर Economics [English] Class 12 ISC
अध्याय 27 Balance of Payments
TEST QUESTIONS | Q A. 5. | पृष्ठ २७.१४
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