A company located in India receives a loan from a company located abroad. This transaction will
be recorded in
of balance of payment account.
a. Credit side of current account.
b. Debit side of current account.
c. Credit side of capital account
d. Debit side of capital account
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Borrowing by government from World Bank to finance the BOP deficit will be recorded in the capital account.
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0
Answer:
c.
Explanation:
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