What is Balance of Payments (BOP)? – UGC NET Commerce Notes
The Balance of Payments (BOP) is a crucial economic indicator that tracks the inflow and outflow of foreign exchange in
The Balance of Payments (BOP) is a crucial economic indicator that tracks the inflow and outflow of foreign exchange in
Financial regulators in India are pivotal to maintaining the stability, transparency, and efficiency of the country’s financial system. Institutions like
The Negotiable Instruments Act, 1881 defines a negotiable instrument as a unique type of “contract” involving the payment of money.
The money market plays a crucial role in the economy by facilitating short-term borrowing and lending of funds. It is
The capital market plays a pivotal role in the financial system by enabling the flow of long-term funds between investors
Basel Norms play a pivotal role in shaping global banking regulations, ensuring that financial institutions maintain sufficient capital to manage
The Reserve Bank of India (RBI), established in 1935, serves as the apex monetary authority of the country, playing a
The business environment refers to the external factors that influence a business’s operations, strategies, and overall success. It encompasses four
Foreign Direct Investment (FDI) and Foreign Portfolio Investment (FPI) are two pivotal components of international finance that drive global economic
The Goods and Services Tax (GST) is a comprehensive indirect tax system implemented in India on July 1, 2017, to
The Foreign Exchange Management Act (FEMA) is India’s modern-day financial compass, steering the country’s foreign exchange flows towards economic freedom. Born in 1999 to replace the older, more restrictive Foreign Exchange Regulation Act (FERA), FEMA is designed to keep the wheels of international trade and investment turning smoothly. FEMA shapes India’s economic landscape, fostering an open yet secure financial ecosystem for global business.
The Consumer Protection Act of India is a transformative piece of legislation designed to enhance the rights and safety of