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प्रश्न
‘Owing to the Russia-Ukraine crisis, the world is experiencing rising crude prices due to supply-side issues.’
Identify the most likely impact on the Balance of Payment situation of the Indian economy from the following:
विकल्प
Production of cars in India will rise.
Production and sale of cycles in India will rise.
Inflow of US Dollars in India will rise.
Outflow of US Dollars from India will rise.
उत्तर
Outflow of US Dollars from India will rise.
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संबंधित प्रश्न
What are fixed and flexible exchange rates?
Giving reasons explain where charity to foreign countries is recorded in the Balance of Payments Accounts
What is floating exchange rate?
When foreign exchange rate in a country is on the rise, what impact is it likely to have on imports and how?
What are non-monetary exchanges? Give an example. Explain their impact on the use of a gross domestic product as an index of the welfare of the people.
Discuss briefly the meaning of Fixed Exchange Rate.
Discuss briefly the meaning of Flexible Exchange Rate.
Discuss briefly the meaning of Managed Floating Exchange Rate.
What is a fixed exchange rate?
