Question
Consider the following statements regarding the net
claims of non-residents on India- I.According to the data released by RBI, net claims of non-residents in India increased USD 12.1 billion to USD 379.7 billion in the June quarter. II.Increase in reserve assets, at USD 16.6 billion, was the largest contributor to the rise in Indian residents' foreign assets during the April-June period, followed by direct investment, loans and trade credit. III.Inward portfolio investment and foreign direct investment together accounted for three-fourths of the rise in foreign liabilities of Indian residents. Which of the following statements is/are correct?Solution
According to the data released by RBI, net claims of non-residents on India increased USD 12.1 billion to USD 379.7 billion in the June quarter on account of higher rise in foreign-owned financial assets.Increase in reserve assets, at USD 16.6 billion, was the largest contributor to the rise in Indian residents' foreign assets during the April-June period, followed by direct investment, loans and trade credit, as per the data on India's international investment position' for June-end.The rise in net claims of non-residents during the quarter was on account of higher rise in foreign-owned financial assets in India (USD 36.2 billion) when compared with Indian residents' overseas financial assets (USD 24.1 billion). Inward portfolio investment (USD 15 billion) and foreign direct investment (USD 8.9 billion) together accounted for two-thirds of the rise in foreign liabilities of Indian residents.As per the data, reserve assets accounted for 64.2 per cent of India's international financial assets at the end of the June quarter.
Which platform partnered with TransUnion CIBIL to launch the SEHER program?
A leadership style that focuses on navigating complex and rapidly changing environments with proactive approach is known as _________
ASBA is an important mechanism in the IPO process to prevent refunding in case of unsuccessful allotment. What is the full form of ASBA?
The right but not the obligation to sell the underlying asset is called ________
Which of the following is not a Pillar concept of Basel accords?
For an enterprise with investment in plant and machinery or equipment of Rs.9 crore and turnover of Rs.40 crore will be classified as _______ , as per M...
What does ‘R’ in CRILC stand for?
...How many co-efficients are there in the Altman Z Score Model?
As per the recently published discussion paper on Introduction of Expected Credit Loss Framework for Provisioning by Banks, on the basis of credit risk ...
Under Basel III, the Liquidity Coverage Ratio (LCR) requires banks to hold high-quality liquid assets (HQLA) to meet liquidity needs for how many days ...
Relevant for Exams:
