Question

Factor proceeds are part of which section of balance of payments

a.

liabilities

b.

current account

c.

balance of trade

d.

both a and b

Answer: (b).current account

Interact with the Community - Share Your Thoughts

Uncertain About the Answer? Seek Clarification Here.

Understand the Explanation? Include it Here.

Q. Factor proceeds are part of which section of balance of payments

Recommended Subjects

Are you eager to expand your knowledge beyond Financial Management and Financial Markets? We've handpicked a range of related categories that you might find intriguing.

Click on the categories below to discover a wealth of MCQs and enrich your understanding of various subjects. Happy exploring!