Which of the following options will be recorded in the "Capital account" of balance of payment account?

1. Purchase of shares of Reliance industries by Apple.
2. Borrowing from World Bank.
3. Repayment of loan by Indian government taken from Belgium government.
4. Purchase of land in Europe.

1, 2, 3 and 4

The correct answer is Option 4: 1, 2, 3 and 4

Capital account records all the transaction which affects the assets and liabilities of the countries, whereas, current account records all the transactions of good and services and which are recurring in nature.

All the given options lead to change in the assets and liabilities status of the government. Thus, all will be recorded under the "Capital account" head.

Let's analyze the options:

1. Purchase of shares of Reliance Industries by Apple: This is a foreign direct investment (FDI) or portfolio investment, which is recorded in the capital account.

2. Borrowing from the World Bank: Borrowing from international financial institutions like the World Bank is recorded in the capital account since it involves financial transactions and liabilities.

3. Repayment of a loan by the Indian government taken from the Belgium government: Loan repayment is also a capital account transaction because it involves settling financial obligations.

4. Purchase of land in Europe: Buying real estate abroad involves the acquisition of an asset, which is recorded in the capital account.