A. Balances the central bank of the country maintains with IMF
B. Balances held by commercial banks of the country with their central bank
C. Investment made by the country s resident abroad, but not vice versa
D. None of the above
✅ The correct answer is option C.
The capital account of balance of payments represents Investment made by the countries resident abroad, but not vice versa.
The capital account of balance of payments represents Investment made by the countries resident abroad, but not vice versa.