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प्रश्न
Which of the following correctly describes unilateral transfers in the current account?
विकल्प
Exports and imports of physical goods between countries
One-way payments with no return, such as gifts, remittances, grants, and donations
Payments for tourism, banking, insurance, and transportation services
Earnings of wages, profits, interest, and rent from abroad
MCQ
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उत्तर
Unilateral transfers are one-way payments with no return. Examples include gifts, remittances, grants, and donations. Because nothing of economic value flows back in exchange, they differ fundamentally from trade in goods and services or factor income.
shaalaa.com
क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
