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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.
In his writings Kalidasa refers "Gauri Guru" to which of the Garhwal Himalayas ?
Which organism is known to help reduce air pollution?
The Union Cabinet approved the Production Linked Incentive Scheme 2 . 0 for IT Hardware with a budgetary outlay__________ .
India’s First Agri Chatbot Ama KrushAI Launched in Odisha, is developed by which of the following Institutions?
Which portal will enable farmers to showcase their products through their nearby markets and facilitate traders from anywhere to quote price?
What was the primary focus of HDFC Bank securing USD 500 million recently (in May 2024) from the International Finance Corporation?
What is the full form HAM?
Who is the current Vice President of India?
Which Constitutional Amendment gave constitutional status to the Panchayati Raj Institutions?
Registration of trade unions of workers under the Trade Unions Act, 1926 is