Which of these is recorded in the capital account?

Export of textilesCorrect answerYour answerRemittances sent home as giftsCorrect answerYour answerRoyalties earned on Indian films abroadCorrect answerYour answerAn NRI's deposit in an Indian bankCorrect answerYour answer

Show the answer and explanation

CorrectNot quiteAnswer D

Correct answer: D

A deposit is a claim the depositor holds on the bank: a capital flow.
Exports, gifts and royalties are current account items.

Concept: Capital account items
Typical timeTypical: 70 s
Your timeYours: —

The rule this testsThe capital account

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Ten questions from Balance of Payments, at your own pace.

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Ten questions from Balance of Payments, at your own pace.

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Which of these is recorded in the capital account?

Explanation