Question

Which of the following items is not included in the Current Account of India's Balance

of Payments ?

(1)

Non-monetary gold movements

(2)

Short-term commercial borrowings

(3)

Investment income

(4)

Transfer payments​

Answer 1

ANSWER:-

Short-term commercial borrowings are not included in the current account of the Balance of Payment(BoP) in India.. THATS IT!!!!!!!!