Question
Which of the following transactions should be included
in the Balance of Payment?Solution
As we know, BoP includes all transaction among the residents of a country and the rest of the world. So in first two cases, money is crossing national borders. All remittances are recorded in BoP. But in third case the transaction is between two residents. Both the migrant labour and his family are in India. Money is not crossing border in this transaction. Thus it is not a part of Balance of Payment.
Ustad Bundu Khan is renowned for playing which musical instrument?
Who emphasized that "foreign medium has turned our children into crammers and imitators and has made our children practically foreigners in their own la...
The perpetuity payment is the interest earned by the present value of the perpetuity in one interest period.
Harirhar and Bukka laid the foundation of the Vijayanagar Empire under the influence of?
Money multiplier measures an estimate of the maximum amount of commercial bank money that can be created
Loan repayment by instalment payments is called as -
RBI withdrew the requirement of incremental CRR after the demonetisation in 2016 by using following tool to absorb the excess liquidity in the system �...
RRBs will have a target of _____ of their outstanding advances for priority sector lending and sub-sector targets.
Which financial product was launched by HDFC Bank to cater specifically to India’s gig workers and freelancers?
Where is the Virupaksha temple located?
Relevant for Exams:
