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Which one of the following is NOT a component of Balance of Payments?

A country's Balance of Payments (BoP) statement consists of the Current Account, the Capital/Financial Account, and the Official Reserves Account. 'Deficit Account' is not a…

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Which one of the following is NOT a component of Balance of Payments?

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Correct answer C

A country's Balance of Payments (BoP) statement consists of the Current Account, the Capital/Financial Account, and the Official Reserves Account. 'Deficit Account' is not a component of the Balance of Payments.

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