Question
In order to get to the Net Invisibles, we need to fetch
the difference between the value of exports and value of imports of invisibles of a country in a given period of time. Which of the following make a part of Invisibles? (1) services (2) transfers (3) flows of income Which of the above statement(s) is/are CORRECT?Solution
Net Invisibles is the difference between the value of exports and value of imports of invisibles of a country in a given period of time. Invisibles include services, transfers and flows of income that take place between different countries. Services trade includes both factor and non-factor income. Factor income includes net international earnings on factors of production (like labour, land and capital). Non-factor income is net sale of service products like shipping, banking, tourism, software services, etc.
P alone can finish a piece of work ‘M’ in 8 days while Q takes 4 days to finish it alone. P, Q and R working together can finish the work &l...
- 18 workers can complete 9 tasks in 24 hours. Find the time required by 12 workers to finish 15 tasks.
Two candles of same height can burn completely in 8 hours and 12 hours respectively. If both start burning at same time at their respective constant spe...
- A group of 36 boys works 13 hours per day and completes 37.5% of a task in 20 days. After these 20 days, 'X' boys leave the job. The remaining boys continu...
‘A’ alone can complete a work in 18 days. ‘B’ alone can complete the same work in 25 days. If ‘A’ and ‘B’ work together for 5 days, then...
The time taken by ‘A’ to build a wall alone is 45% more than the time taken by him to build it along with ‘B’. ‘B’ will take how much percen...
A and B together can complete a work in 7.2 days, while B and C together can complete the same work in 12 days. If A is twice efficient than C, then fin...
X, Y, and Z alone can complete a language translation in 60, 90, and 36 days respectively. They started working together, but after 5 days, Z left the j...
 Saurabh can complete a piece of work in 20 days. He worked for 5 days and left. Anirudh completed the remaining work in 12 days. If both had done the ...
- A man can complete a job alone in 20 days. A woman can complete half of the same job in 15 days. If both work together, how many days will it take them to ...
