Advertisements
Advertisements
Question
Will the following be included in the national income of India? Give reasons for your answer
Financial assistance to flood victims
Solution
Financial assistance to flood victims is not included in the estimation of national income as it does not affect any production of goods and services.
APPEARS IN
RELATED QUESTIONS
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 lend abroad. Answer the following questions :
(a) In which sub-account and on which side of the Balance of Payments Account such lending is recorded? Give reasons.
(b) Explain the impact of the lending on market exchange rate.
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.
Give the meaning of balance of payments.
What is meant by the depreciation of domestic currency?
Will the following be included in the domestic product of India? Give reasons for your answer.
Profit earned by foreign companies in India
Will the following be included in the domestic product of India? Give reasons for your answer.
Profit earned by a branch of State Bank of India in Japan
Name the broad categories of transactions recorded in the 'capital account' of the Balance of Payments Account
Where will the sale of machinery to abroad be recorded in the Balance of Payments Accounts? Give reasons.
Where is 'borrowings from abroad' recorded in the Balance of Payments Accounts? Give reasons.
Give the meanings of 'autonomous' transactions and 'accommodating' transactions in the Balance of Payments Accounts.
Give the meanings of Balance of Trade and Balance on Current Account of Balance of Payments Accounts
Explain the concept of 'deficit' in balance of payments.
Where will sale of machinery to abroad be recorded in the balance of payment accounts?
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.
Use of transport by Indian tourists in Dubai
Briefly explain the effect of the following on the Balance of Payment of a country.
Inflationary pressure in the economy
List different components of Balance of Payment on current account and capital account.
