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Which statement is correct regardingcapital account?1). On the credit side of this accountreceipt of foreign exchange due toForeign Direct Investment (FDI),Foreign Capital Investment (FCI)and Foreign Borrowing (FB) isrecorded.2).On the debit side of capitalaccount payment of foreignexchange due to DirectInvestment Abroad (DIA),Portfolio Investment Abroad(PIA) and Foreign Lending (FL)is recorded.3). Both (a) and (b)4).Neither (a) not (b) |
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