Which combination correctly describes the balance on the current account?

Balance of Payments, Aid and Foreign Investment MCQs for PPSC, FPSC, NTS, and Pakistan government job tests. Select an option below, then read the explanation.

Balance of Payments, Aid and Foreign Investment

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Subject
Balance of Payments, Aid and Foreign Investmenteconomics-mcqs › balance-of-payments-aid-and-foreign-investment
Published
2 Jun 2019
Last updated
28 May 2026

Browse all Balance of Payments, Aid and Foreign Investment MCQs

Choose the correct answer

Explanation

Statement I indicates it equals the absolute value of the capital account balance. Statement II suggests it is funded by savings. Statement III refers to net grants minus remittances. Statement IV states it covers goods, services, and unilateral transfers. The correct combination is I and IV only.

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