Question : Which of the following is not a type of financial transaction?
Option 1: Purchasing a foreign stock
Option 2: Taking out a loan from a foreign bank
Option 3: Paying for a foreign import
Option 4: Receiving payment for a foreign export
Correct Answer: Paying for a foreign import
Solution : The correct answer is (c) Paying for a foreign import. Paying for a foreign import is a current account transaction involving the exchange of goods or services, rather than a financial transaction.Financial transactions typically involve the movement of funds or financial assets between countries.
Question : Which of the following is not a type of current account transaction?
Option 1: Import of goods
Option 2: Import of services
Option 3: Export of goods
Option 4: Export of capital
Question : Which of the following is not an example of a current account transaction?
Option 1: Exporting goods and services
Option 2: Paying for foreign aid
Option 3: Receiving income from foreign investments
Option 4: Borrowing from a foreign bank
Question : Which of the following is not a type of portfolio investment?
Option 1: Purchasing foreign stocks
Option 2: Purchasing foreign bonds
Option 3: Investing in a foreign company
Option 4: Purchasing real estate in a foreign country
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
Option 4: Acquiring a foreign asset
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile