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Start learning 50% faster. Sign in nowEEFC is the Exchange Earners’ Foreign Currency Account. It is a facility provided to the foreign exchange earners, including exporters, to credit 100 per cent of their foreign exchange earnings to the account, so that the account holders do not have to convert foreign exchange into Rupees and vice versa, thereby minimizing the transaction costs. In accordance with Reserve Bank of India's circular no. A. P. (DIR Series) Circular No. 12 dated 31st of July 2012, the balances outstanding in all EEFC / Diamond Dollar Account (DDA) and RFC (D) accounts as on last day of a Current month, shall be converted into Rupees by the Bank on the last working day of the succeeding month, if such balance is not utilised by the account holder before the last day of succeeding month. Such mandatory conversion by the bank on the last working day of the succeeding month will be done at the prevailing TT buying card rate.
What is the rate of income tax paid ...
If bxy = 0.20 and rxy = 0.50, then byx is equal to:
For a monopoly firm, which of the following equalities is always true?
Calculate the standard error of the estimate of Y on X regression equation for the following data- N =50 , ∑y2 = 300 , ∑xy = 30, ∑x
A central bank decides to increase money supply. For a given price level, the LM curve is expected to
Which of the following is an assumption of Ordinary Utility Theory?
PM SVANidhi Scheme is one of the major safety net programmes launched during the Pandemic. What is the main objective of the Scheme?
Given that 3x-2y+297 = 0. SD(X) / SD(Y) = 4/3 Find r?
Under a fixed exchange rate system with perfect capital mobility, what happens when the government increases its spending?
The H.M. and G.M. of a distribution are 8 and 10 respectively. Then the A.M. is
