ECONOMY QUE PRE PAPER 1 =2014

ECONOMY QUE PRE PAPER 1 =2014

WHICH OF FOLLOWING CONSTITUTE CAPITAL ACCOUNT ?

         1.Foreign loans

         2. Foreign direct investment

         3.privete Remittancees 

        4.Portfolio investment  

select correct answer using the given codes below .

{a} 1,2 and3

{b}1,2 and4

{c}2, 3 and 4

{d}1,3 and 4

what is required to know the correct ans for this Question you need know which are 3 above are incorrect then .........you can reach to correct answer ,,,,,,,,,,,,

 this technique is called elimination tech it save time and effort by simple eliminating all wrong answer.

here 1st you need to know that what is capital account and then what is not included in ans is wrong is ok.

 

  Capital accouunt = 

 Change in Foreign ownership of domestic assets-

 Change in domestic ownership of foreign assets

 

 

here is the answer {b}

because privet Remittances are not included in the capital account .

so only {b} is right option where 3 is not included 

thank you ,