10 Views

Question : Which of the following is an example of an invisible item in the Balance of Payments?

Option 1: Import of machinery

Option 2: Export of services

Option 3: Foreign investment in domestic real estate

Option 4: Repayment of foreign debt


Team Careers360 8th Jan, 2024
Answer (1)
Team Careers360 15th Jan, 2024

Correct Answer: Export of services


Solution : The correct answer is (b) Export of services

An invisible item in the Balance of Payments refers to transactions that involve the exchange of services, income, or transfers between residents of a country and non-residents. Examples of invisible items include exports and imports of services, such as tourism, transportation, consulting, and financial services. These transactions do not involve the physical movement of goods across borders.

Related Questions

Chandigarh University Admissi...
Apply
Ranked #1 Among all Private Indian Universities in QS Asia Rankings 2025 | Scholarships worth 210 CR
Amity University, Noida Law A...
Apply
700+ Campus placements at top national and global law firms, corporates, and judiciaries
Amity University, Noida BBA A...
Apply
Ranked amongst top 3% universities globally (QS Rankings)
UPES | BBA Admissions 2025
Apply
#41 in NIRF, NAAC ‘A’ Grade | 100% Placement, up to 30% meritorious scholarships | Last Date to Apply: 28th Feb
MAHE Manipal M.Tech 2025
Apply
NAAC A++ Accredited | Accorded institution of Eminence by Govt. of India | NIRF Rank #4
Sanskriti University LLM Admi...
Apply
Best innovation and research-driven university of Uttar Pradesh
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