2 Views

Question : Which of the following is not a capital account transaction?

Option 1: Purchasing foreign stocks and bonds

Option 2: Making a foreign direct investment

Option 3: Borrowing from a foreign bank

Option 4: Buying goods and services from a foreign country


Team Careers360 4th Jan, 2024
Answer (1)
Team Careers360 24th Jan, 2024

Correct Answer: Buying goods and services from a foreign country


Solution : The correct answer is d) Buying goods and services from a foreign country

Buying goods and services from a foreign country is not a capital account transaction. It is a transaction that falls under the current account of the Balance of Payments (BoP). The current account records the inflows and outflows of goods, services, income, and transfers between residents and non-residents.

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