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.

Question : Which of the following statement is correct?

• Foreign exchange required for making unilateral transfers like sending it to other countries.
• Foreign exchange is demanded to receive payments for purchases of assets into foreign

Question : Which of the following statement is correct?

• There is no common denomination under barter exchange to express the exchange ratios.
• Money Supply is a flow concept.
   

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?

• Currency depreciation leads to increase in exports.
• Fixed exchange rate system is also pegged exchange rate system.