[Solved] In the balance of payments account, unrequited receipts and payments are also regarded as -

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Q.	In the balance of payments account, unrequited receipts and payments are also regarded as -
A.	bilateral transfers
B.	unilateral transfers
C.	capital account transfers
D.	invisible transfers
Answer» B. unilateral transfers
Explanation: Unrequited receipts and payments are also regarded as unilateral transfers as the flow is only in one direction with no automatic reverse flow in the other direction. There is no repayment obligation attached to these transfers because they are neither borrowings nor lending, but gifts and grants exchanged between governments and people in the world.

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