Describe balance of payment Accounts
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.
Who rediscovered Bachelier’s thesis?
Who was 1970 Nobel Laureate in Economics?
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
Deficit in balance of trade point: Deficit in balance of trade points out that the imports of good are bigger than exports.
Fixed exchange rate: It is the rate of exchange which is fixed by the Government in an economy.
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If exchange rate of foreign currency downs or falls, its demand rises. Describe how? Answer: If exchange rate falls, an import become cheaper, demand for imports in
Foreign exchange rate: The Foreign exchange rate is a price of foreign currency in terms of domestic currency.
what are the techniques of balance of payment?
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
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