UPSC IMPORTANT QUESTIONS

With reference to Balance of Payments, which of the following constitutes/constitute the Current Account?

  1. Balance of trade
  2. Foreign assets
  3. Balance of invisibles
  4. Special Drawing Right
Select the correct answer using the code given below.
  1. 1 only
  2. 2 and 3
  3. 1 and 3
  4. 1, 2 and 4
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