Inward remittances by foreign steamship and airlines companies to finance their operating expenses in the country are shown under

the credit side of the capital account of balance of payment

the credit side of the current account of balance of payment

the debit side of the current account of balance of payment

the debit side of the capital account of balance of payment

Inward remittances by foreign steamship and airlines companies to fina

1.	Inward remittances by foreign steamship and airlines companies to finance their operating expenses in the country are shown under
A.	the credit side of the current account of balance of payment
B.	the debit side of the current account of balance of payment
C.	the credit side of the capital account of balance of payment
D.	the debit side of the capital account of balance of payment
E.	None of the above
Answer» C. the credit side of the capital account of balance of payment

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Inward remittances by foreign steamship and airlines companies to finance their operating expenses in the country are shown under

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