which of the following kind of investment is not a part of short term capital flow with regards to foreign capital.
a) foreign bill of exchange
b) demand deposit
c) portfolio investment
d,) overdrafts
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Answer:
it is said
portfolio investment
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which of the following kind of investment is not a part of short term capital flow with regards to foreign capital.
The correct answer is :
d,) overdrafts
Explanation :
Overdrafts are the kind of investment that is not a part of short-term capital flow with regard to foreign capital.
A foreign bill of exchange is a payment drawn up in one country that is payable in another.
A demand deposit is a bank account from which deposited funds can be withdrawn at any time, without advance notice.
portfolio investment is investments made by a person resident outside India in listed Indian companies on a wholly diluted basis to an extent not exceeding 10 per cent.
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