● Statement 1 is incorrect: Balance of Payment refers to the economic transactions occurring between the residents and the non-residents of a country. It does not include the concept of citizens and non-citizens. The Balance of Payment is composed of two components: Current Account Visibles (Goods) Invisibles (Services, Income in the form of Interest, profit, dividend, and Transfer Payment: remittances, donations, etc) o Capital Account Investment like FDI or FPI Loans Bank deposits or Foreign Currency Nonresident Accounts. ● Statement 2 is correct: Trade protectionist policy of a country aims at reserving the economy and market for the residents or locals. It prohibits imports from other countries. Such a policy of USA is bound to decrease India’s exports and hence would lead to deficit in the Current Account as trade in invisibles and visibles forms a part of the Current Account.
The show cause notice issued under SEBI (Procedure for Holding Inquiries and Imposing Penalties) 1995 should have a minimum time period of
Under Cr.P.C if a women sentenced to death is found to be pregnant her death sentence may be commuted to imprisonment for life by the :
Which of the following provisions of C.P.C is related with the amendment of pleading ?
Confession in front of police officer when valid?
Members of the legislative council give oath to?
Who has been vested with the power to make provisions relating to imports and exports as per section 3 of the Foreign Trade (Development and Regulation)...
Who can commute the sentence of death for any other punishment provided by IPC?
A gift by the husband to the wife in lieu of "her dower is recognized as:
An accused person may be a competent witness in his own defence under the code of Criminal Procedure 1973:
Privity of Contract means :
