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.
_________ has raised $1 billion, or double the amount originally envisaged, in an offshore syndicated loan arranged by HSBC and subscribed by lenders ac...
What is the purpose of the scheme launched by Union Minister for Women and Child Development, Smriti Irani, for pregnant minor victims of sexual assault...
IIT ___________ researchers have launched the country’s first Made-in-India polycentric prosthetic knee called ‘Kadam’.
Dr M Krishnan Nair has recently passed away he was a famous _____
Which of the following committee of RBI is responsible for fixing the benchmark interest rate in India?
The World’s longest Metro line opened in the country?
According to the WMO, by how much did CO2 concentrations increase over the last 20 years to reach 420 ppm in 2023?
Who has been appointed as the brand ambassador of Bank of Baroda?
What is the purpose of Project ODISERV launched by Dharmendra Pradhan?
_____ became the winner of the Indian Pharma Leader of the year award?