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प्रश्न
Will the following be included in the domestic product of India? Give reasons for your answer.
Profit earned by foreign companies in India
उत्तर
Profit earned by foreign companies is included in the estimation of domestic income as they are within the domestic territory of the country.
संबंधित प्रश्न
Explain the distinction between autonomous and accommodating transactions in balance of payments. Also explain the concept of balance of payments 'deficit' in this context
Indian investors borrow from abroad. Answer the following:
a. In which sub-account and on which side of the Balance of Payments Account will this borrowing be recorded? Give reason.
b. Explain what is the impact of this borrowing on exchange rate.
What is meant by the depreciation of domestic currency?
Distinguish between current account and capital account
Will the following be included in the national income of India? Give reasons for your answer
Profit earned by the branches of a foreign bank in India
Name the broad categories of transactions recorded in the 'current account' of the Balance of Payments Accounts
What is 'current account deficit' in the balance of payments?
Distinguish between 'autonomous' and accommodating' Balance of Payments transactions.
Explain the concept of 'deficit' in balance of payments.
State the components of capital account of balance of payments.
Distinguish between Autonomous and Accommodating transactions of Balance of Payments account.
Briefly explain two reasons for the adverse Balance of Payments in any economy.
______ refers to the currency notes and coins being issued by the monetary authorities of India (RBI and government of India) as a legal medium of payment.
Identify the correctly matched pair of items in Column A to those in Column B:
Column A | Column B | ||
1 | Total of factor payments | (a) | Value Added Method |
2 | Value Added | (b) | Stock Variable |
3 | Festival gifts | (c) | Transfer payments |
4 | Final expenditure incurred by the government | (d) | Consumption expenditure |
A balance of payments is an accounting statement that provides a systematic record of all the ______ transactions between the residents of a country and the rest of the world during a given period of time.
Accommodating items are also called ______
The following information is given for an imaginary country:
Current Account | Amount (in ₹’000 Crore) |
Visible Exports | 100 |
Visible Imports | 150 |
Invisible Exports | 70 |
Invisible Imports | 30 |
Net current transfer balance | 15 |
Balance on current account will be ____________ of ₹ ______ thousand Crore.
Categorise the following item into Current Account or Capital Account of Balance of Payment of India.
Dividend paid to foreigners on their investment in shares in India.