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A Period of Transition and Improvement:
These few years stand out as the golden years for India's BOP. India had a small current account surplus (0.6 per cent of the GDP on an average) and foreign exchange reserves equivalent to about seven months' imports. Export growth was good but the primary reason for the sharp improvement in BOP was the dramatic improvement in net invisibles. Net invisibles increased from Rs. 193 crores in 1974-75 to Rs. 2,486 crores in 1979-80.
Discuss the concept of dynamic multiplier
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PLEASE GIVE ANY ONE TOPIC OF ECONOMIC WITH ANSWERS
What is consumer surplus? What is its significance and what causes it to change?
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Lending Operations of World Bank: Resources of the Bank consist of the capital and borrowings. The capital of the bank is contributed by its 184 member-countries. Besides,
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