Define fixed exchange rate
Fixed exchange rate: It is the rate of exchange which is fixed by the Government in an economy.
Differentiate among current account and capital account of balance of payment account. State any two transactions of capital account. Answer: Q : Who rediscovered Bachelier’s thesis Who Who rediscovered Bachelier’s thesis?
Who rediscovered Bachelier’s thesis?
distinguish between autonomous transactions and accommodating transactions under balance of payments
safeguard against the crisis of confidence in system explain
Foreign exchange rate: The Foreign exchange rate is a price of foreign currency in terms of domestic currency.
Balance of payment: It is a systematic record of each and every economic transaction of a country with the rest of world in an accounting year.
Define foreign exchange: It is the currency other than domestic currency.
What challenges are facing lone mill mine and what strategies can be used
Identify the key challenges to india's economic development. To what extent the second generation reforms will tackle the current challenges of india's development
‘Can foreign exchange markets be analyzed in similar manner as the markets for ordinary physical commodities? Do demand slope downwards and supply slope upwards for currencies?’
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