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 Part of the Constitution of India consists of Emergency provisions?
With reference to The Indian Contract Act, 1872 read the following statements and select the correct option from below:
1. An agreement withou...
What is the primary purpose of tort law?
A wagering agreement is __________
What is the period of Limitation for suit filed to collect arrears of rent?
One of the objectives of the Indian Constitution is ‘Economic Justice’. It has been provided under which of the following?
Which of the following pairs are correctly matched?
Adjournment cannot be granted for more than __________ to a party during hearing of a suit.
Which of the following statement in respect of section 320 of the Code of Criminal Procedure, 1973, is not correct?
In civil litigation, what is the prescribed time period within which a written statement is generally required to be filed by the defendant?