What is managed floating exchange rate
Managed floating exchange rate: This is a system in which the central bank or Government permits the exchange rate to identify market forces although they take decisions to intervene whenever they feel it suitable.
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
Foreign exchange rate: The Foreign exchange rate is a price of foreign currency in terms of domestic currency.
Flexible exchange rate: The rate of exchange in terms of other currencies is determined by market forces of demand-supply.
Define foreign exchange: It is the currency other than domestic currency.
Calculate the value of imports, if the net imports are of Rs 160 crores and the value of exports are of Rs 400 crores.
The professor wants to narrow it down to one or two wars that have affect global economies.
Components of current account of BOP account: (A) Import-Export of goods(B) Import-Export of services(C) Unilateral transfers
safeguard against the crisis of confidence in system explain
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
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