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Question 19 of 36

Q.A balance of payments has how many accounts?

(a) (A) 2
(b) (B) 3
(c) (C) 4
(d) (D) 5
Gujarat GsebGujarat Board (GSEB) HSC Commerce Board 2022MCQ· 1mImportance★★★★★
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The correct option is (A) 2 — the current account and the capital account.

The balance of payments is a systematic record of all economic transactions between a country and the rest of the world in a year. It is maintained under two accounts: the current account, which records exports and imports of goods and services and unilateral transfers, and the capital account, which records inflows …

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