Question : Which of the following is not included in the current account of the BoP?
Option 1: Imports and exports of goods and services
Option 2: Income from foreign investments
Option 3: international transfers and gifts
Option 4: Foreign direct investment
Answer (1)
17th Jan, 2024
Correct Answer: Foreign direct investment
Solution : The correct answer is d) Foreign direct investment
Foreign direct investment (FDI) is not included in the current account of the Balance of Payments (BoP). The current account includes transactions related to imports and exports of goods and services
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