Which is not Correct in Context of Balance of Payments of Indian ?

Which one of the following is not correct in the context of balance of payments of Indian during 2013-2014?

  1. India’s exports were less than its imports
  2. Trade balance was negative
  3. Net invisible were positive
  4. Capital account balance was negative
Anurag Mishra Professor Asked on 29th September 2015 in Economics.
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  • 1 Answer(s)

    Answer: (4) Capital account balance was negative  

    Anurag Mishra Professor Answered on 14th July 2016.
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