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The balance of payments, also known as balance of international payments of a country is the record of all economic transactions between the residents of the country and the rest of the world in a particular period (over a quarter of a year or more commonly over a year). These transactions are made by individuals, firms and government bodies. A BoP crisis, also called a currency crisis, occurs when a nation is unable to pay for essential imports or service its debt repayments. Typically, this is accompanied by a rapid decline in the value of the affected nation's currency. This could lead to a situationwhere nation's government will exhaust its foreign reserves trying to support the value of the domestic currency.
The Monetary and Credit Policy is announced by which of the following?
Which of the following is not an investment expenditure in goods and services?
The word ‘BUDGET’ was taken from the _________ word.
Which of the following curves is typically inverted ‘U’ shaped?
During which Five-Year Plan did India adopt the strategy of a mixed economy?
Pradhan Mantri Ujjwala Yojana is related with
Identify the first credit rating agency established in India.
To which taxonomic division do mosses belong?
An economic theory is a/an
What does the term "budget set" in economics refer to?