Need of foreign currency
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 contemplate on the value of foreign currencies.
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 contemplate on the value of foreign currencies.
Who was 1970 Nobel Laureate in Economics?
Fixed exchange rate: It is the rate of exchange which is fixed by the Government in an economy.
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what are the key callenges to indian economic development
Differentiate among current account and capital account of balance of payment account. State any two transactions of capital account. Answer: Q : Key challenges to india's economic 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
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
what are the techniques of balance of payment?
Foreign exchange rate: The Foreign exchange rate is a price of foreign currency in terms of 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.
Induced investment: It is a type of investment that is of profit motive in nature.
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