indian economic
what are the key callenges to indian economic development
I NEED TO UNDERSTAND MORE ABOUT PRODUCTION POSSIBILITY FRONTIER
5. What are the factors responsible for the recent surge in international portfolio investment?
Define foreign exchange: It is the currency other than domestic currency.
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
Fixed exchange rate: It is the rate of exchange which is fixed by the Government in an economy.
THE AREA BETWEEN THE LORENZ CURVE OF A COUNTRY AND THE DIAGONAL OF PERFECT EQUALITY REPRESENT
safeguard against the crisis of confidence in system explain
Fixed exchange rate system (or pegged exchange rate system): This is a system in which exchange rate of a currency is fixed by government. This system makes sure stability in the foreign trade and capital movement.
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
Deficit in balance of trade point: Deficit in balance of trade points out that the imports of good are bigger than exports.
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