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India has a negative IIP. India’s international financial assets covered 68.5% of international financial liabilities as of end September 2022. Hence, statement 1 is correct and statement 3 is incorrect. The International Investment Position (IIP) is a statistical statement that shows at a point in time the value and composition of (a) financial assets of residents of an economy that are claims on non-residents and gold bullion held as reserve assets, and (b) liabilities of residents of an economy to non-residents. The difference between an economy’s external financial assets and liabilities is the economy’s net IIP, which may be positive or negative. Hence, statement 2 is correct.
The Sahitya Akademi was formally inaugurated by the Government of India on 12 March ________.
Consider the following statements about the Kakori train conspiracy.
1. In the incident of Kakori, the main conspirator was Ram Prasad Bismil. <...
Which Indian chess master has clinched the 2018 Tal Memorial Rapid Chess tournament in Moscow?
Which of the following statement is correct about The Amazon, the world's most biodiverse rainforest?
(1) The World's second largest rainforest...
The marginal propensity to consume (MPC) refers to the:
Which of the following options is incorrect about “National Education Policy 2020”?
Which of the following cricketers was described as 'Mr. Incredible' by the captain of the England Test Cricket team in July 2020?
Fruit cracking is due to the deficiency of:
Who was appointed as the 24th Chief of Naval Staff in May 2019?
Through what financial mechanism did Bank of India (BoI) recently secure ₹4,500 crore by issuing approximately 44.91 crore equity shares at an issue p...