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Economics · 2023 · 1 mark
CBSE 2023 · Region 4 · Set 1 · Q2
An Indian company receives a loan from a company located abroad. This transaction would be recorded on the side of account in India’s Balance of…
An Indian company receives a loan from a company located abroad. This transaction would be recorded on the __________ side of ___________ account in India’s Balance of Payment.(Choose the correct alternative to fill up the blanks)
Official answer
(C)
Credit, Capital
Marking-scheme solution
(C)
Credit, Capital
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CBSE Class 12 Economics past-paper question from the 2023 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.