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In India, the term ‘hot money’ is used to refer to ________.
- a)Currency + Reserves with the RBI
- b)Net GDR
- c)Net Foreign Direct Investment
- d)Foreign Portfolio Investment
Correct answer is option 'D'. Can you explain this answer?
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In India, the term ‘hot money’ is used to refer to _______...
- Hot money is the flow of funds from one country to another in order to earn a short-term profit on interest rate differences.
- A global depositary receipt (GDR) is a bank certificate issued in more than one country for shares in a foreign company.
- Foreign direct investment is an investment in the form of a controlling ownership in a business in one country by an entity based in another country.
- Foreign portfolio investment is the entry of funds into a country where foreigners deposit money in a country's bank or make purchases in the country's stock and bond markets. In FPI, the investor does not have direct control over the securities or businesses.
- Hot money is generally referred to as FPI.
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In India, the term ‘hot money’ is used to refer to _______...
"backward classes" refers to groups of people who have historically faced social, educational, and economic disadvantages. These groups are often identified based on caste, tribe, or religious minority status. The Indian government has implemented various affirmative action programs and reservation policies to provide these communities with opportunities for education, employment, and political representation. The intention behind these policies is to address historical inequalities and promote social justice. However, the categorization and classification of backward classes can be controversial and subject to debate.
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In India, the term ‘hot money’ is used to refer to ________.a)Currency + Reserves with the RBIb)Net GDRc)Net Foreign Direct Investmentd)Foreign Portfolio InvestmentCorrect answer is option 'D'. Can you explain this answer?
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