state gov TSPSC Group 2 (తెలంగాణ గ్రూప్ 2) Mock Test Series General Knowledge Economy External Sector and Currency Exchange rate
Which of the following statements is incorrect?
I. The Balance of Payment takes into account all the non-trade transactions of a country with the rest of the worlds.
II. The Balance of Trade takes into account all the trade transactions with the rest of the world.
1
Only I
2
Only II
3
Both I and II
4
Neither I not II