Managed Floating / Managed Flexibility- is an exchange rate system where the exchange rate is determined by the interaction of the market forces like...
Minimum Reserve System. -This is a method of note issue, requires the monetary authority to maintain a minimum prescribed by law against note issue,...
Quantity Theory of Money- The theory explains the equi-proportional relationship between the quantity of money and the general price level ie. when the quantity...
Human Development Index- developed by the UNDP to measure the human welfare and its various aspects; using the variables- life expectancy, literacy and per...
Private transfers- in the balance op payments are mainly in the form of: Inward remittances from Indian workers abroad for family maintenance, Local withdrawal...
Deficit financing- is the practice of financing that part of the govt’s excess expenditure over revenue by using fresh money or through borrowing from...
