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‘Import Cover’ is a term used to describe the number of months over which a country can pay for its’ imports from the International Reserves of the country. Import cover of reserves is a traditional trade-based indicator of reserve adequacy. It is defined in terms of the number of months of import equivalent to reserves. The excess of inflow of Foreign Exchange over the outflow of foreign exchange in a country gets credited to its’ international reserves account. This reserve can be used as a buffer to cushion against the uncertainties of future inflows.
A recent report by Worldline revealed that UPI continues to be the dominant channel for digital payments. The number of transactions in 2022 touched 74...
In which Lok Sabha elections were Electronic Voting Machines (EVMs) fully implemented for the first time?
Which of the following is not true regarding crypto currencies:
Where would you find the Atacama Desert?
What is the revised transaction limit set by the Reserve Bank of India (RBI) for Unified Payments Interface (UPI) payments to hospitals and educational ...
The structure that produces and holds sperm cells in bryophytes (non-vascular plants) and ferns is called:
Among the member countries of SAARC and BIMSTEC , which country does not appear in both organizations?
Who among the following was a British reformer, a campaigner for women's rights and a supporter of Indian nationalisın?
Which of the following is NOT correct about Directive Principles of State Policy?
‘The Palace of Illusions’, a rendition of the Hindu epic ‘Mahabharata’, was written by which of the following novelists?