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India has a negative IIP. India’s international financial assets covered 68.5% of international financial liabilities as of end September 2022. Hence, statement 1 is correct and statement 3 is incorrect. The International Investment Position (IIP) is a statistical statement that shows at a point in time the value and composition of (a) financial assets of residents of an economy that are claims on non-residents and gold bullion held as reserve assets, and (b) liabilities of residents of an economy to non-residents. The difference between an economy’s external financial assets and liabilities is the economy’s net IIP, which may be positive or negative. Hence, statement 2 is correct.
The 'Ghotul System,' a tribal youth dormitory, is prevalent in which Indian state?
In which state the Guru Ghasidas Tamor Pingla tiger reserve is been located, which has become the 56th tiger reserve of country?
Recently, the former President of America, Jimmy Carter, passed away, and a village in Haryana was named after him. What is the name of that village? �...
Consider the following statements about inflation:
1. Inflation occurs when prices are generally increased across the economy.
2. An incre...
The 'Ker Puja' festival is celebrated in which state or union territory?
Recently _____ has won the ‘Promising Investor of the Year-2024’ award.
Which team did India defeat in the final of the Women’s Junior Asia Cup 2024?
Which city in Uttar Pradesh is famous for its glass industry?