Question : Which of the following statement is correct?

• Charity from abroad will be recorded on credit side of the balance of payment. 
• Accommodating transactions are determined By the gap in the balance of payments.

Question : Which of the following statement is correct?

• Autonomous transactions takes place in a capital account only.
• Excess of foreign exchange receipts over foreign exchange payment on account of accommodating transactions equals deficit in the balance of

Question : Which of the following statement is correct?

• Deficit in balance of trade indicates deficit in balance of payments also.
• Foreign investment are recorded in the capital account of balance of payment.

Question : Which of the following statement is correct?

• Foreign investment are recorded in the capital account of balance of payment.
• Surplus in balance of trade and deficit and current account may coexist.

Question : Which of the following statement is correct?

• Unilateral transfers me to abroad will be recorded as a debit item of balance of payment on current account.
• Balance of payment is the stock concept.