Which of the following are the components of current Account?

(A) Trade in Services
(B) Trade in Goods
(C) Investment
(D) External borrowings
(E) External Assistance

Choose the correct answer from the options given below :

(A) & (B) Only

The current account is a component of the balance of payments that records the flow of goods, services, income, and personal transfers between a country and the rest of the world. The four main components of the current account are:

A. Trade in Services B. Trade in Goods C. Investment Income D. Personal Transfers

Components like (C) Investment, (D) External Borrowings, and (E) External Assistance are typically associated with the capital account and financial account, not the current account.