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Purchasing power parity (PPP) theory states that the exchange rate between two countries' currencies is in equilibrium when their relative price levels are equivalent to the exchange rate. This theory suggests that goods and services should cost the same in different countries when the prices are converted into the same currency.
Cisco has signed an agreement with the Karnataka government to train 40,000 people in cybersecurity skills and awareness. According to the memorandum of...
Which of the following ministry recently launched the Citizen Perception Survey-2022?
Which new category has been introduced under the Pradhan Mantri Mudra Yojana to cover loans between ₹10 lakh and ₹20 lakh?
Consider the following statements with reference to Central Bank Digital Currency (CBDC):
I. The digital fiat currency or CBDC can be transact...
In a securitization, the issuer of asset-backed securities is best describes as the:
Which of the following is not true regarding CGTMSE Scheme?
I. Fund and non-...
Which currency did Zimbabwe launch and is backed by gold reserves to address economic instability?
What is the basic objective behind setting up NACH ?
"Consider the following statement regarding a Scheme SMILE - Support for Marginalized Individuals for Livelihood and Enterprise -"
I. It is launc...
What percentage of global GDP is contributed by MSMEs, as per the United Nations?