Define foreign exchange
Define foreign exchange: It is the currency other than domestic currency.
5. What are the factors responsible for the recent surge in international portfolio investment?
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
Who explained micro and macro economics?
‘Can foreign exchange markets be analyzed in similar manner as the markets for ordinary physical commodities? Do demand slope downwards and supply slope upwards for currencies?’
what are the techniques of balance of payment?
Managed floating rate system: This is a system in which foreign exchange rate is found out by market forces and central bank is a key contributor to stabilize the currency in condition of tremendous appreciation or depreciation.
Describe the meaning of deficit in BOP: Whenever autonomous foreign exchange payments surpass autonomous foreign exchange receipts, the difference is termed as balance of payments deficit.
Who won the Nobel Prize for Economics in 1997?
market structure and price-output determination
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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