

MCQOPTIONS
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1. |
Which statement is correct regarding Current account? I. Those transactions arising out of exports and imports (the visible items) II. It is a statistical statement of all transactions made between one particular country and all other countries during a specified period of time III. This account is the summary of all international trade transactions of the domestic country in one year |
A. | I & II |
B. | Only I |
C. | II & III |
D. | Only III |
Answer» E. | |