Which of the following statements about REER is not correct?
Real Effective Exchange Rate (REER) is an average of bilateral nominal effective exchange rates (NEER) that have been adjusted for inflation i.e. relative price differential between the domestic and foreign countries. The REER is the weighted average of NEER adjusted for inflation. REER is computed using inflation differential based on CPI (base year is 2004-05) (and not WPI). REERs are summary indicators of movements in the exchange rates of home currency against a basket of currencies of trade partner countries and are considered to be an indicator of international competitiveness. Reserve Bank is providing the REER index (6 and 36 currencies). In order to calculate the weights, the geometric average of India’s bilateral trade (exports plus imports) with countries/regions represented by the 6 currencies/ 36 currencies is taken.
Set of consumers who are interested in and access to a particular offer is called
Which ethical theory asserts that the rightness or wrongness of actions depends on cultural norms and societal values?
Under Section 19(6) of the RTI Act, 2005, an appeal shall be disposed of within _________days of the receipt of the appeal or within such extended peri...
The working capital requirement of a business is not likely to be low when:
Which ethical theory focuses on the consequences of actions to determine their morality?
Name the principle of management suggested by Henri Fayol, which advocates that, “there should be good superiors at all levels, clear and fair agreem...
The goals motivating entrepreneurial activity can include which of the following options?
Long-term goals are likely to be considered as _______.
An entrepreneur can get a lot of quality information about competitors from _____
Planning is required at all levels of management as well as in all departments of the organisation. It is not an exclusive function of top management n...
