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Transfer payments are the receipts that 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 changes in the resident status of migrants. 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 part of Transfer payments. 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.
Consider the following statements regarding Balshastri Jambhekar:
1. He attacked Brahmanical orthodoxy and tried to reform Hinduism.
2....
Who commanded the Gurkha regiment to fire upon the crowd at Jallianwala Bagh in 1919?
Who amongst the following is responsible for the foreign policy of ‘proud reserve’?
Which of the following were the main purpose of the Cabinet Mission?
1. Preparatory discussions with elected representatives to secure agreeme...
Who initiated the first school for Muslim girls in British India?
Match the following lists:
Select the correct answer f...
The 'Chipko Movement' is associated with which field.
Where did Jawaharlal Nehru unfurl the Tricolour on August 5, 1947, during India's independence celebration?
Who founded the Harijan Sevak Sangh to combat untouchability in India?
The Treaty of Paris, which formally ended the American Revolution, was signed in which year?