Which one of the following items is an intangible item in balance of payments statement?
A. Export of food grains
B. Import of crude oil
C. Banking services provided in other countries
D. Import of steel by steel industry
Answer:C
Which one of the following items is an intangible item in balance of payments statement?
A. Export of food grains B. Import of crude oil C. Banking services provided in other countries D. Import of steel by steel industry