Question : These items are known as above the line items.
 

Option 1: Visible items
 

Option 2: Invisible items
 

Option 3: Autonomous items
 

Option 4: Accommodating items
 

Question : It refers to those transactions that are undertaken to cover the gap in the balance of payment.
 

Option 1: Visible items
 

Option 2: Invisible items
 

Option 3: Accommodating items
 

Option 4: Autonomous items
 

Question : It refers to those international economic transactions, which takes place due to some economic motive such as profit maximisation.
 

Option 1: Visible items
 

Option 2: Invisible items
 

Option 3: Accommodating items
 

Option 4: Autonomous items.
 

Question : Calculate current account balance from the following-
Exports of visible items- 230
Import of invisible items- 20
Import of visible items- 10
Exports of invisible items- 20
Gifts and transfer from rest of the world- 30
 

Option 1: 240
 

Option 2: 250
 

Option 3: 210
 

Option 4: 180
 

Question : Calculate current account balance from the following-
Exports of visible items- 1230
Import of invisible items- 220
Import of visible items- 170
Exports of invisible items- 270
Gifts and transfer from rest of the world- 300
 

Option 1: 1410
 

Option 2: 1250
 

Option 3: 1210
 

Option 4: 1180