The balance of payments is the record of all international financial transactions made by a country's residents. A country's balance of payments tells you whether it saves enough to pay for its imports. It also reveals whether the country produces enough economic output to pay for its growth. The BOP is reported for a quarter or a year. In case of a balance of payments deficit means the country imports more goods, services and capital than it exports. It must borrow from other countries to pay for its imports. In the short-term, that fuels the country's economic growth. In the long-term, the country becomes a net consumer, not a producer, of the world's economic output. It will have to go into debt to pay for consumption instead of investing in future growth. If the deficit continues long enough, the country may have to sell off its assets to pay its creditors. These assets include natural resources, land and commodities.
The coach says that they have best equipment.
Select the most appropriate indirect/direct form of the given sentence.
Ramesh said to my brother , “let us go to the class for a change.
I said to Taru, “The tyre of my car is punctured.”
Sumit said, “I will be leaving for London this summer so I can meet you only when I return.”
Select the correct indirect/direct speech for the given sentence
“ I lost my necklace yesterday”, seema said to her mother.
...The officer said, "I am very busy now".
Select the option which correctly converts the given sentence into indirect speech.
I said, "Let us not jump to a conclusion but wait till we get...
Choose the option that is the indirect form of the sentence.
She said to him, “I don’t want to go there.”
"My train will reach by noon," he explained.
Choose the option that is the indirect form of the sentence.
“Have you got a blue scarf”? the customer asked the assistant.