Which of the given fact/s about autonomous balance of payment(BOP) transactions is/are false?
1. It is called 'above the line items' in BOP.
2. They are undertaken to cover disequilbrium in autonomous items.
3. It takes place due to some economic motive such as profit maximization.
1
Only 1
2
Only 2
3
Only 3
4
Both 1 and 2