Define foreign exchange
Define foreign exchange: It is the currency other than domestic currency.
Why foreign currency or exchange is required? Answer: a) To buy services and goods from other countries. b) To send a gift abroad. c) To buy financial assets in a specific country and d) To contem
State the items that are not involved in the current account of India’s Balance of payment. Answer: The capital transactions is in the form of direct and portf
Determine the factors accountable for inflow of foreign currency? Answer: a) Foreigners buying home country services and goods via exports. b) Foreigners investment in home country via joint ventures and via
5. What are the factors responsible for the recent surge in international portfolio investment?
Differentiate among current account and capital account of balance of payment account. State any two transactions of capital account. Answer: Q : Key challenges to india's economic 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
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
When Balance of payment of a country is Rs (-) 100 crores and total payment are Rs 500 crores. Determine its total receipts.
‘How is the equilibrium £:€ exchange rate presently determined? When UK was aiming to adopt the euro in the next to future we would be predicted to ‘shadow’ the euro for a while (the £:€ exchange rate would change merely among v
safeguard against the crisis of confidence in system explain
Deficit in balance of trade point: Deficit in balance of trade points out that the imports of good are bigger than exports.
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