State whether the following transactions will be recorded on debit or credit side of BOP.
- Loan from IMF to cover deficit of BOP.
- Indian Government repays loan taken from IMF.
- Purchase of shares of Infosys by a Japanese resident.
- Export of Jute to Sri Lanka.
- Acquisition of a foreign company by Tata.
- Purchase of toys from China.
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Transactions relating to inflow of foreign exchange will be recorded on the credit side and outflows of foreign exchange on the debit side.
Debit Side: (i), (u), (vi);
Credit Side: (i), (iii), (iv).
Debit Side: (i), (u), (vi);
Credit Side: (i), (iii), (iv).
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