Question
Which one of the following transactions will be
considered as a transfer payment?Solution
Unlike the exchange transaction which mutually benefits all the parties involved in it, the transfer payment consists of a donor and a recipient, with the donor giving up something of value without receiving anything in return.
More Econometrics Questions
Match the following:
Which Indian state recently became the first to implement a 'Right to Water' law?
- Which of the following crops is cultivated during the monsoon (Kharif) season?
The Ministry of Education's recently launched PM-YUVA 3.0 (Young, Upcoming, and Versatile Authors) scheme mentors young authors below what age?
What is India’s first indigenous aircraft carrier called?
- In economic terminology, what does the acronym 'BoP' represent?
- What is the full form of SLR, an important tool used by RBI to control money supply?
Recently, where was the first Joint Commanders’ Conference (JCC) held?
- Which social reformer worked for the advancement of the Ezhava community in Kerala?
Which technology was used to discover a lost Mayan city in the Mexican jungle?
