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Question : Which of the following is not a type of foreign aid?

Option 1: Bilateral aid

Option 2: Multilateral aid

Option 3: Conditional aid

Option 4: Commercial aid


Team Careers360 8th Jan, 2024
Answer (1)
Team Careers360 25th Jan, 2024

Correct Answer: Commercial aid


Solution : The correct answer is (d) Commercial aid.

Commercial aid is not considered a type of foreign aid. Commercial aid refers to the provision of loans, grants, or other financial assistance by commercial entities, such as banks or private companies, with the expectation of earning a return on their investment. It is a commercial transaction rather than traditional foreign aid provided by governments or international organizations.

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