India has become the fastest growing economy in the world. The balance of payments represents the transactions of economy and plays essential role in determining the position of an economy. International trade is vital for all nations over the world. Trade stimulates the growth of various sectors ...
However, the balance of payments position in India is not at all satisfactory and such unsatisfactory performance is mostly resulted from huge trade deficit arising out of persistently rising imports and slowly rising exports. Thus the ultimate solution to such critical problem rests on promotion of...
my 1984 *Pricing, Planning & Politics: A Study of Economic Distortions in India* “I’m on my way out”: Siddhartha Shankar Ray (1920-2010)…An Economist’s Tribute Rajiv Gandhi and the Origins of India’s 1991 Economic Reform Three Memoranda to Rajiv Gandhi 1990-91 Did Jagdish Bhagwati ...
The result of balance of payments produce similar results as in the case of TB for variables such as RRMS and exchange rates.In contrast to the results of RRI incase of bilateral trade balance, the BOP results show that it is significant only for 5 countries.It suggests that income level ...
You must have seen them set aside reserves, keep a record of all transactions and purchases, and tally their accounts and statements to ensure they are all set for the month or the quarter. Now apply this scenario to the country as a whole. And that’s Balance of Payments in layman ...
Balance of Payments is made up of 3 components. It helps the Government to analyse a particular industry and formulate policies accordingly. For UPSC 2024 prep, visit BYJU'S website
Advance Payments Advance Premium Advance Premium Mutual Advance Rate advance refunding Advance Renewal Advance Start Advance tax ruling Advance/Decline Spread Advanced Companies Advanced Corporation Tax Advanced Life Underwriting Advanced Manufacturing Environment ...
Balance of Payments: Detailed Presentation BPM6: International Investment Position: Annual Company Statistics Direct Equity Investment Abroad: By Region and Country Direct Investment Abroad: By Industry External Debt: BPM6 Foreign Direct Investment: By Region and Country International Investment Position: BP...
Balance of Payments Last Frequency Range Direct Investment Abroad (USD mn) 0.0 Jun 2024 quarterly Sep 1997 - Jun 2024 Current Account Balance (USD mn) -188.8 Jul 2024 monthly Jul 1997 - Jul 2024 Current Account Balance: % of GDP (%) 0.9 2024 yearly 1998 - 2024 Foreign Direct Inves...