Q. 94.6( 7 Votes )

From the set of s

Answer :

a) Export of software to France = (iv) Credit side of Current Account of Balance of Payments. It is recorded into credit side of current account of balance of payments because it leads to inflow of foreign exchange.

b) Import of Machinery from China = (iii) Debit side of Current Account of Balance of Payments. It is recorded into debit side of current account of balance of payments because it leads to outflow of foreign exchange.


c) Remittances to relative staying abroad= (i) Debit side of current account. It is recorded into debit side of current account of balance of payments because it leads to outflow of foreign exchange.


d) Investment by Apple phones firm in India= (ii) Capital Account of Balance of Payments. It is recorded into capital account of balance of payments because it will increase the supply or inflow of foreign exchange in India. It results in improvement in the balance of payments position.


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