Q. With reference to the 'Balance of Payments' which of the following statements is/are correct?1. Balance of Payment records is prepared by the Ministry of Finance.2. It will be zero in the case of a closed economy.3. It also consists of foreign aid.Sele (2024)

Q.

Q. With reference to the ‘Balance of Payments’ which of the following statements is/are correct?

Select the correct answer using the code given below:

1. 
   1 only
2. 
   1 and 2 only
3. 
   2 and 3 only
4. 
   1, 2 and 3

Q. Q. With reference to the ‘Balance of Payments’ which of the following statements is/are correct?Select the correct answer using the code given below:

1. 1 only
2. 1 and 2 only
3. 2 and 3 only
4. 1, 2 and 3

Q. Q.Consider the following statements with reference to Balance of Payments: Which of the above given statements is/are incorrect?

1. 
   1 only
2. 
   2 only
3. 
   Both 1 and 2
4. 
   Neither 1 nor 2

Q.
With reference to Balance of Payments, which of the following constitutes/constitute the Current Account?

1. Balance of trade
2. Foreign assets
3. Balance of invisibles
4. Special Drawing Right

Select the correct answer using the code given below.