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● Option 1 is correct: Transfer payments are the receipts which the residents of a country get for free without having to pay for any goods or services. They Include migrants’ transfers by way of remittances for family maintenance, repatriation of savings and transfer of financial and real resources linked to change in resident status of migrants. ● Option 2 is Incorrect: Transfers payments represent one-sided transactions, i.e., transactions that do not have any quid pro quo. Since payments have to be made for the imported material, it does not form the part of Transfer payments. ● Option 3 is correct: Official transfer receipts record grants, donations and other assistance received by the Government from bilateral and multilateral institutions. Similar transfers by Indian Government to other countries are recorded under official transfer payments.
Select the most appropriate antonym of the given word.
SPARSE
PREMEDITATED
One who dies for a noble cause
The teacher was impartial when grading the assignments.
A) Certain B) Velocity C) Slowness D) Settled
The situation in which everything is happening in a confused way -
Select the most appropriate meaning of the word marked in bold letters according the context in which it has been used.
On account of the p...
Select the most appropriate ANTONYM of the given word.
Oppose
Which of the following is a near synonym of the word ‘compliance’?
