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A balance of payments surplus means the country exports more than it imports. Its government and residents are savers. They provide enough capital to pay for all domestic production. They might even lend outside the country. A surplus boosts economic growth in the short term. That's because it's lending money to countries that buy its products. That boosts its factories, allowing them to hire more people. In the long run, the country becomes too dependent on export-driven growth. It must encourage its residents to spend more. A larger domestic market will protect the country from exchange rate fluctuations. It also allows its companies to develop goods and services by using its own people as a test market.
Which of the following is a primary objective of the Pradhan Mantri Krishi Sinchayee Yojana (PMKSY)?
Announced on 15th August 2014, _________ is National Mission for Financial Inclusion to ensure access to financial services, namely, Banking/ Savings...
Which of the following states have the Maximum cooperativesocieties?
Which of the following statements about the PM SVANidhi Scheme are correct?
1. The scheme provides collateral-free loans to st...
Which of the following ministries are NOT involved in the implementation of BBBP scheme?
NISHTHA Programme is one of the significant programmes that us aimed at changing the education scenario of our country. Who are the beneficiaries of th...
Which of the following statement is not true about the scheme mentioned in the passage?
I. It aims to develop infrastructure in 500 cities
Which of the following entities is responsible for implementing PMFBY at the state level?
What is the objective of PM krishi sinchayee Yojana, which was launched in 2015-16.
(i) To achieve convergence of investments in i...
Which of the following in not the eligible beneficiary under Prime Minister's Overarching Scheme for Holistic Nourishment Abhiyaan POSHAN 2.0: