1 View

Question : The financial account of the Balance of Payments records:

Option 1: Imports and exports of goods

Option 2: Income from foreign investments

Option 3: International transfers of funds

Option 4: International borrowing and lending


Team Careers360 3rd Jan, 2024
Answer (1)
Team Careers360 9th Jan, 2024

Correct Answer: International borrowing and lending


Solution : The correct answer is (d) International borrowing and lending.

The financial account of the Balance of Payments records international transactions related to borrowing and lending, including loans, bonds, stocks, and other financial instruments between residents and non-residents of a country. It captures capital flows in and out of the country, such as foreign direct investment, portfolio investment, and other capital transactions.

Related Questions

CLAT Current Affairs with GK ...
Apply
Stay updated with current affairs & check your preparation with the CLAT General Knowledge Mock Tests Ebook
CLAT English Language Mock Tests
Apply
Free Ebook - CLAT 2025 English Language questions with detailed solutions
ICFAI Business School-IBSAT 2024
Apply
9 IBS Campuses | Scholarships Worth Rs 10 CR
CLAT Legal Reasoning Mock Tests
Apply
Free Ebook - CLAT 2025 legal reasoning questions with detailed solutions
GIBS Business School Bangalor...
Apply
100% Placements with 220+ Companies
Great Lakes PGPM & PGDM 2025
Apply
Admissions Open | Globally Recognized by AACSB (US) & AMBA (UK) | 17.3 LPA Avg. CTC for PGPM 2024
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books