Concept:Transfer payments are payments made without any exchange of goods or services in return.
Explanation:Transfer payments are not earned through productive activities.
They are simply transfers of income from one group, such as the government, to individuals.
Examples include pensions, bursaries, gifts, and unemployment allowances.
Such payments are excluded from national income accounting because they do not add to current output.
Among the given options, the unemployment allowance paid to citizens is a clear transfer payment.
The other options involve banking or foreign money movements, which are not transfer payments.
Answer:C. unemployment allowance paid to the citizens