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● 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.
Which of the following is the second sentence of the passage?
1. Local industries often
P.protest the high salaries
Q.that this will unreasonably raise
R.arguing vehemently
S.offered by ...
Which of the following is the third sentence of the passage?
1. I had remembered it.
P. Initially after the Liberation I was absolutely not interested in all that stored stuff, and naturally I was also r...
Which should be the second sentence after rearrangement?
1. “Being shy and
P. flabbergasted by the
Q. reserved by nature,
R. a farmer naturally gets
S. security at the gate and th...
Directions: In each of the following questions, a sentence is given with three words marked as (A), (B), and (C). These words may or may not be place...
Which is the FIRST sentence of the paragraph?
Which one among the following is the fifth sentence to make the paragraph coherent?
Below is given a sentence with an emboldened part. The part may or may not be grammatically correct. The question is followed by three alternatives tha...
