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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


Team Careers360 8th Jan, 2024
Answer (1)
Team Careers360 19th Jan, 2024

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.

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