Question : Which of the following is not a type of current account transaction?
Option 1: Import of goods
Option 2: Export of services
Option 3: Transfer payments
Option 4: Foreign direct investment
Correct Answer: Foreign direct investment
Solution : The correct answer is (d) Foreign direct investment
Foreign direct investment (FDI) is not a type of current account transaction. FDI falls under the capital account of the balance of payments, as it represents an investment in an enterprise located in a foreign country. Foreign direct investment involves a long-term interest in the management and control of a business, typically through ownership of equity or the establishment of a subsidiary.
Question : Which of the following is not a current account transaction?
Question : Which of the following is not a type of capital account transaction?
Question : Which of the following is not a type of financial account transaction?
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