Explanation:

Both statements are incorrect.

Currency Manipulator

• The term ‘currency manipulator’ is a label given by the US government to countries it feels are engaging in “unfair currency practices” by deliberately devaluing their currency against the dollar.
• The practice would mean that the country in question is artificially lowering the value of its currency to gain an unfair advantage over others.
• An economy meeting two of the three criteria in the Trade Facilitation and Trade Enforcement Act of 2015 is placed on the Monitoring List, ae
• A “significant” bilateral trade surplus with the US — one that is at least $20 billion over a 12-month period.
• A material current account surplus equivalent to at least 2 percent of gross domestic product (GDP) over a 12-month period.
• “Persistent”, one-sided intervention — when net purchases of foreign currency totalling at least 2 percent of the country’s GDP over a 12 month period are conducted repeatedly, in at least six out of 12 months.

Hence option 4th is correct.