Question : Which of the following is not an example of a current account transaction?
Option 1: Investing in foreign stocks
Option 2: Exporting goods and services
Option 3: Receiving income from foreign investments
Option 4: Paying for foreign aid
Answer (1)
14th Jan, 2024
Correct Answer: Investing in foreign stocks
Solution : The correct answer is (a) Investing in foreign stocks
Investing in foreign stocks is not an example of a current account transaction. Current account transactions primarily involve the exchange of goods, services, income, and current transfers between residents and non-residents.
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