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Import licensing on almost all intermediate inputs and capital goods was done away with, and the entry restrictions for firms were simplified. The new policy encouraged the entry of private sector firms by ending the public sector monopoly in many sectors and initiating the automatic approval policy for FDI up to 51 per cent. The exchange rate was made flexible and allowed to depreciate as necessary to maintain competitiveness. The rupee was made fully convertible on the current account and partially on the capital account. These reforms had a positive effect on the economy.
Following are the types of foreign direct investment EXCEPT
Observing changes in the financial variables across the years is ________
The ratio of a firm’s property, plant, and equipment, net of accumulated depreciation, to its annual depreciation expense is an estimate of:
The process in which certain types of assets are pooled so that they can be repackaged into interest-bearing securities is called:
Tamilnad Mercantile Bank celebrated its ________ foundation day on 11th November, 2021.
How much interest subvention is provided under PM SVaNIDHI Scheme to the borrowers
The bonds which are issued outside the jurisdiction of one country and denominated in a currency different from the currency of the countries in which ...
In January 2022, the government converted with RBI, Rs.1.2 lakh crore worth of government securities and oil bonds maturing in next 3 years with bonds o...
Recently, the Reserve Bank of India (RBI) lifted its three-year ban on opening new branches of the following bank?
Who is the head of the committee appointed for Capital Account Convertibility in Banks?