With reference to Balance of Payments, which of the following constitutes/constitute the Current Account?
1Balance of trade
2Foreign assets
3Balance of invisibles
4Special Drawing Rights
Select the correct answer using the code given below.

Question

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.

Accepted Answer

(C) 1 and 3 only

Answer

(A) 1 only

Answer

(B) 2 and 3 only

Answer

(D) 1, 2 and 4 only