India has net international investment position $($NIIP$)$ of $-500$ Bn $$.$ During the year, India runs a current account deficit of $300$ Bn $$.$ Which of the following is correct? Assume there are no valuation changes on the existing NIIP.

Group of answer choices

India$$s NIIP at the end of the year is $-800$ Bn $

India$$s NIIP at the end of the year is $-200$ Bn $