Transfer between a resident and a non-resident took place and that transfer was unilateral in nature. Which of the following fall under this category?

Gifts and donations

A gift or donation given by one person (A) to another person (B) is unilateral transfer since there is no corresponding flow from B to A. Interest paid on capital and profit are payments for risk taken by entrepreneur and his services. These are factor payments. Dividends and royalty are also factor income.