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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.
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