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NextQ11

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)

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Question 10

Read the following statements carefully : Statement 1 : Import of gold from Dubai will be recorded on the debit side of the current account in Balance of Payments of India. Statement 2 : Outflow of Foreign Institutional Investment (FII) from Indian stock markets will be recorded on the credit side of the capital account. In light of the given statements, choose the correct alternative from the following :

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