Define induced investment
Induced investment: It is a type of investment that is of profit motive in nature.
When Balance of payment of a country is Rs (-) 100 crores and total payment are Rs 500 crores. Determine its total receipts.
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
‘The country has a floating exchange rate and its inflation rate is much higher than its trading partners. Why we would suppose the country’s exchange rate to deflate?’
Fixed exchange rate: It is the rate of exchange which is fixed by the Government in an economy.
Balance of payment Accounts: It is the systematic record of all economic transactions among the residents of a country and rest of the world in a specified period (1-year) of time.
Supply of foreign exchange: (A) By exports of services and goods(B) Direct foreign investment in residence country(C) For approximate purchases by non-residents in the home country(D) Remittances
Balance of payments (BOP) always balances. Describe it. Answer: Balance of payments is for all time balanced. The negative balance on current account is equated wit
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
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
Who won the Nobel Prize for Economics in 1997?
18,76,764
1938860 Asked
3,689
Active Tutors
1435177
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!