indian economic
what are the key callenges to indian economic development
Deficit in balance of trade point: Deficit in balance of trade points out that the imports of good are bigger than exports.
Define foreign exchange: It is the currency other than domestic currency.
market structure and price-output determination
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
Which transactions- autonomous or accommodating carry balance in BOP? Answer: Accommodating transactions carry balance in the BOP or balance of payment.
Explain how foreign exchange rate is determined beneath flexible exchange rate system. Beneath flexible exchange rate system, the equilibrium exchange rate is found out where demand for foreign exchange is equival
Demand for foreign exchange is prepared to: (A) Purchase services and goods (B) Send gifts and funding(C) Speculate the value of foreign currencies, (D) Invest and procure financial assets
The practice considers the Treasury’s elucidation of the consequence on macroeconomic adjustment of joining the euro.
Who won the Nobel Prize for Economics in 1997?
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.
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