key challenges to india's economic 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
Differentiate among current account and capital account of balance of payment account. State any two transactions of capital account. Answer: Q : State the two sources of demand of State the two sources of demand of foreign exchange: Import of services and goods and to acquire education in abroad.
State the two sources of demand of foreign exchange: Import of services and goods and to acquire education in abroad.
Who was responsible for setting the tone for following generations of economists?
Induced investment: It is a type of investment that is of profit motive in nature.
Who won the Nobel Prize for Economics in 1997?
Flexible exchange rate: The rate of exchange in terms of other currencies is determined by market forces of demand-supply.
5. What are the factors responsible for the recent surge in international portfolio investment?
In a completely employed economy, the higher the yield of capital goods, and the bigger its: (1) Present living standards. (2) Present output of consumer goods. (3) Growth of capacity for the future production. (4) Rates of inflation and unemployment.
Flexible (or floating) exchange rate system: This is a system in which exchange rate is found out by forces of demand and supply of the foreign currencies concerned in the foreign exchange market. There is no official interference in the foreign excha
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
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