Which of the following is NOT recorded in the capital account of the Balance of Payments? MCQ with Answer and Explanation

Which of the following is NOT recorded in the capital account of the Balance of Payments?
A. FDI
B. External commercial borrowing
C. FPI
D. Export of goods
Answer: Option D
Solution (By JKSSB Mock Tests)
Export of goods is recorded in the current account, not the capital account.

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Practice More Economy Set 1 Questions

Question #1
The 'Merchandise Exports from India Scheme' was replaced by which scheme from 2021?
A. SEIS
B. MEIS
C. RoDTEP
D. EPCG

Correct Answer: Option C


Explanation:
MEIS was replaced by the Remission of Duties and Taxes on Exported Products scheme.

This question belongs to: Economy GK Economy Set 1
Question #2
Which of the following is a feature of the mixed economy model adopted by India?
A. Complete private ownership of all means of production
B. Coexistence of public and private sectors with government regulation
C. Complete central planning without private enterprise
D. Absence of market mechanism

Correct Answer: Option B


Explanation:
India adopted a mixed economy framework where both public and private sectors coexist, with the government playing a regulatory and developmental role.

This question belongs to: Economy GK Economy Set 1
Question #3
The concept of 'Macroprudential Policy' aims at:
A. Limiting systemic risk and ensuring the stability of the financial system as a whole
B. Only the soundness of individual institutions
C. Only price stability
D. Only fiscal sustainability

Correct Answer: Option A


Explanation:
Macroprudential policy uses regulatory and supervisory tools to mitigate systemic risk and to increase the resilience of the financial system as a whole, complementing microprudential supervision of individual institutions.

This question belongs to: Economy GK Economy Set 1