Question : The balance of payments is divided into which three main components?

Option 1: Current Account, Capital Account, and Financial Account

Option 2: Exports, Imports, and Trade Balance

Option 3: Income, Savings, and Investments

Option 4: Domestic, Foreign, and External Accounts

Question : Which of the following is not a component of the current account in the Balance of Payments?

Option 1: Exports of goods

Option 2: Imports of goods

Option 3: Remittances from overseas workers

Option 4: Foreign direct investment

Question : Which account in the Balance of Payments includes transactions related to foreign direct investment?

Option 1: Current Account

Option 2: Capital Account

Option 3: Financial Account

Option 4: Reserve Account

Question : Which of the following items is not included in the financial account of the Balance of Payments?

Option 1: Foreign direct investment

Option 2: Portfolio investment

Option 3: Official reserves

Option 4: Trade in goods and services

Question : The current account of the Balance of Payments includes:

Option 1: Trade in goods and services

Option 2: Financial transfers

Option 3: Capital transactions

Option 4: Foreign exchange reserves