Question : Which of the following is not a type of financial account transaction?
Option 1: Foreign direct investment
Option 2: Portfolio investment
Option 3: international borrowing
Option 4: Export of goods and services
Correct Answer: Export of goods and services
Solution : The correct answer is (d) Export of goods and services
The export of goods and services is not a type of financial account transaction. It is a component of the current account, which measures the flow of goods, services, income, and transfers between countries. On the other hand, the financial account focuses on financial transactions involving assets and liabilities, such as foreign direct investment, portfolio investment, and international borrowing.
