Q. Which of the following do not form a part of the Balance of Payments (BoP)?

1. Foreign Direct Investment
2. External Lending or Borrowing
3. Foreign Institutional Investment
4. Issuing of External Bonds

Select the correct answer from the codes given below:
Answer: None of the above
Notes: All listed items are components of the Balance of Payments (BoP), specifically under the capital account, which records Foreign Direct Investment, Foreign Institutional Investment, External Lending or Borrowing, and the Issuance of External Bonds. BoP covers international transactions involving both current and capital accounts for a specified period.