Which of the following will have an effect on the Current Account Deficit of India?
1. Infosys providing ‘Finacle’ digital banking solution to a French multi-national bank Société Générale.
2. Japan International Co-operation Agency providing assistance to infrastructure development of North- east and Delhi-Mumbai Industrial Corridor.
3. Priya, a London-resident Indian, holding deposits in the State Bank of India in India.
Select the correct answer using the code given below:
1 only
1 and 3 only
2 and 3 only
1, 2 and 3
Current Account in the Balance of Payments (BoP) includes ‘balance of trade’ and ‘balance of invisibles’. Deposits maintained in India by Indian diaspora and external assistance constitutes the Capital Account in the BoP.
The term 'West Texas Intermediate', sometimes found in news, refers to a grade of
International Relations · Easy
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:
International Relations · Easy
Out of the following statements, choose the one that brings out the principle underlying the Cabinet form of Government:
International Relations · Easy
A country is said to have reduced the Poverty Gap Ratio from 2010-11 to 2019-2020. What does it imply?
International Relations · Easy