Question

Under the Balance of Payments structure of a nation, the two main categories of accounts for the classification of the transactions are ____________ and ____________.

i. current account

ii. unilateral transfer account

iii. capital account

iv. loan account

Identify the correct alternatives from the following:

Options

• i and ii

• i and iii

• iii and iv

• iv and i

Answer 1

i and iii