Multiple Choice Questions on Which among the following is incorrect ........ for UPSC Civil Services Examination (General Studies) Preparation

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Multiple Choice Questions

Which among the following is incorrect ........

Economic Affairs Others
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    Which among the following is incorrect?

    Balance of Trade records only goods whereas Balance of Payment records both goods and services

    Incorrect Answer

    Balance of trade is a component of balance of payment

    Incorrect Answer

    Balance of Trade is a true indicator of economic prosperity

    Correct Answer

    Both b and c

    Incorrect Answer
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    Explanation:

    Balance of Trade is a true indicator of economic prosperity

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