Question
Which of the following are part of Current Account
transaction of BoP?Solution
Current account includes import and export of goods and services, various income (interest on loan, dividend on investment etc) and various transfers (remittances, donations, gifts etc).
‘P’ and ‘Q’ started a business by investing Rs. 4,000 and Rs. 6,000 respectively. ‘x’ months later, they admitted ‘R’ as a partner who ...
‘A’ and ‘B’ started a business by investing certain sum in the ratio 5:4, respectively for 6 years. If 19% of the total profit is donated in an ...
Arjun invests Rs.600 more than Varun, while Arjun’s investment period is 20% less than Varun’s. If the ratio of Arjun’s profit to Varun’s profit...
The savings of Arun and Bhaskar are same. The difference between the expenditure of Bhaskar and the savings of both Arun and Bhaskar together is 0. The ...
Ajay and Vijay started a business with investments of Rs. 25,000 and Rs. 15,000, respectively. After 9 months, Sanjay joined them with an investment equ...
Three partners Karan, Arjun and Mukesh invest Rs 75,000, Rs 90,000, Rs 1,05,000 respectively in a business. Karan receives 12.5% of the profit as Manage...
Ravi invested Rs. 18,000 in a business. After 8 months, Suresh joined with an investment of Rs. 22,000. If the total profit at the end of 2 years is Rs....
D and E invested Rs.24000 and Rs.18000 in a business. After 4 months F joined with Rs.22000. After 3 months of F’s joining, D withdrew Rs.4000 and E w...
'Aditi' and 'Misti' embarked on a business venture, initially investing sums denoted as 'm' and 'm + 3000', respectively. Four months later, 'Aditi' cho...
A, B and C invested in partnership. A invest Rs.12000 for 5 months, B invests Rs.8000 for 3 months and C invests Rs.15000 for 2 months. C is working par...
Relevant for Exams:
