Which of the following constitutes/ constitute part(s) of the ‘balance on invisibles’ of the balance of payments (BoP)?
1. Remittances
2. Inflow on account of tourism
3. Deposits of NRIs in the Indian banks
4. External Commercial Borrowings
Select the correct answer using the code given below:
1 only
1 and 2 only
1, 2 and 3 only
1, 2 and 4 only
Transactions on account of imports and exports of services, like banking, IT services, shipping etc., constitute ‘balance on invisibles’. These also include
Inward and outward tourism;
Inward and outward remittances;
Inward and outward education; and
Inward and outward medical treatments.
The term 'West Texas Intermediate', sometimes found in news, refers to a grade of
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If another global financial crisis happens in the near future, which of the following actions/policies are most likely to give some immunity to India? 1. Not depending on short-term foreign borrowings 2. Opening up to more foreign banks 3. Maintaining full capital account convertibility Select the correct answer using the code given below:
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Out of the following statements, choose the one that brings out the principle underlying the Cabinet form of Government:
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A country is said to have reduced the Poverty Gap Ratio from 2010-11 to 2019-2020. What does it imply?
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