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In India, which of the following is negative:
1. Private remittances
2. Interest on external loans
3. External Grants
Choose from the following options.
  • a)
    1 and 2 Only
  • b)
    2 and 3 Only
  • c)
    1 and 3 Only
  • d)
    All of them
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
In India, which of the following is negative:1. Private remittances2....
Interest on External Loans: the net outcome on the front of the interest payments, i.e., the balance of inflow (on the money lent out by the economy) and outflow (on the money borrowed by the economy) of external interests. In India's case, it has always been negative as the economy has been a 'net borrower' from the world economies.
External Grants: the net outcome of the external grants i.e., the balance of such grants which flow to and from India.
Today, India offers more such grants than it receives. India receives grants (grants or loan-grant mix) from few countries as well as UN bodies (like the UNDP) and offers several developmental and humanitarian grants to foreign nations.
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In India, which of the following is negative:1. Private remittances2. Interest on external loans3. External GrantsChoose from the following options.a) 1 and 2 Onlyb) 2 and 3 Onlyc) 1 and 3 Onlyd) All of themCorrect answer is option 'B'. Can you explain this answer?
Question Description
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