2014 Economy - Balance of Payments

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 Rights Select the correct answer using the code given below.

  • 1 only
  • 2 and 3
  • 1 and 3
  • 1, 2 and 4

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    2014 UPSC Economy PYQ | UPSC Insights | UPSC Insights