Answer: A balloon is charged by a process of frictional charging and the object is getting charged by the process of induction.
Step-by-step explanation:
When two bodies are rubbed against each other, charging by friction or rubbing occurs. The electropositive object loses electrons to electronegative object. Thus, when balloon is rubbed on a wall, it becomes charged.
The charged balloon is able to attract an uncharged object by inducing charge on it without the two objects touching each other. Electrostatic force acts between two charged objects. Charged balloon causes electrons to move at one end thereby inducing opposite charge in the object and thus, charged balloon is able to attract uncharged object.