current affairs MCQ #7546

In IMF-style balance-of-payments accounting where should migrant workers recurrent transfers ordinarily appear when summarizing Pakistan’s external income support flows?

current affairs MCQ #7546

  1. Question 1

    Q1. In IMF-style balance-of-payments accounting where should migrant workers recurrent transfers ordinarily appear when summarizing Pakistan’s external income support flows?

    • A) Portfolio investment equity misclassified as migrant gifts
    • B) Government debt amortization unrelated to migrant transfers
    • C) Direct investment recorded as plant acquisitions only
    • D) Current account under income and transfers where remittances sit

    Answer: Current account under income and transfers where remittances sit

    Explanation: In IMF balance-of-payments accounting, workers' remittances are classified under the current account as secondary income (transfers), distinguishing them from capital flows or investment income.