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International Business MCQ - International Business Section 2

16 Foreign Exchange and Foreign currencies in India are governed by

17 If a country has a deficit in the balance of the current account balance of the capital account will be

18 Physical delivery of foreign exchange has to take place in case of

19 EPCG denotes

20 The following table shows the cost per unit of production of two countries X and Y with no transportation cost an

	A (Rs.)	B(Rs.)
Sugar	350	650
Cloth	700	800

Which one of the following will take place?

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Question:

The payment of interest on loans and dividend payments are recorded in the

A. Unilateral transfer account
B. Official settlements account
C. Capital account
D. Current account

Correct answer: C

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