2024 · Q95
Which of the following is not included in the Capital Account of the Balance of Payments of a country?
General KnowledgeIndian Economy
- AForeign Direct Investment
- BInvisibles
- CCommercial Borrowing
- DExternal Assistance
Explanation
The capital account of the balance of payments records cross-border capital flows: foreign direct investment, commercial borrowings and external assistance all belong there. Invisibles — services, remittances and other transfers — are part of the current account, not the capital account. Invisibles are therefore not included in the capital account. Hence option B is correct.