Description : What is foreign exchange ?
Last Answer : Foreign exchange is generally the exchange or exchange of foreign currency of one country with another.
Description : In the context of Bangladesh, all foreign aid is divided into how many categories ?
Last Answer : In the context of Bangladesh, all foreign aid can be divided into three categories. Such as- (a) Food aid: In this case only rice and wheat are sold. (B) Project Assistance: The ... canned milk , pulses , pharmaceuticals , agricultural machinery , fertilizers , deep and shallow tube wells etc.
Description : Should companies be able to hire foreign workers, if they can't find locals to fill the position?
Last Answer : Here in B.C the restaurant , and mining industry were guilty of this,should industry be able to do this? I have always been to told by die hard conservatives that wages will go up when there is a ... found a way to circumvent it, should industry be allowed or should they be called to task on it?
Description : How much can an Indian citizen save in a foreign bank without the permission of the Reserve Bank ?
Last Answer : An Indian citizen can save up to লাখ 1 million in a foreign bank without the permission of the Reserve Bank .
Description : What is foreign aid ?
Last Answer : : Foreign aid refers to the urgent need of a country to receive and provide food , medicine , projects , donations , grants , loans , financial and technical assistance for economic development.
Description : Securities and Exchange Board of India (SEBI) was formed in what year ?
Last Answer : Securities and Exchange Board of India (SEBI) was formed in 1988 .
Description : What is 'exchange rate' in economics ?
Last Answer : Exchange rate basically means the exchange rate of foreign currency. The currency of one country is not generally accepted in another country for the settlement of foreign debts. For this reason, ... countries change or exchange is called the exchange rate or the exchange rate of foreign currency.
Description : Arrange the following Acts in the order in which they came into force. (i) The Monopolies Restrictive Trade Practices Act (ii) Indian Contract Act (iii) The Sale of Goods Act (iv) The Foreign Exchange Management Act A. (il), (iii), (i ... (ii) C. (i), (ii), (iii), (iv) D. (iv), (iii), (ii), (i)
Last Answer : B. (iii), (i), (iv) and (ii)
Description : “Hawala transactions” in India are prohibited under the provision of which of the following acts? A. Banking Regulation Act B. Financial Action Task Force Act C. Foreign Exchange Management Act D. All of the Above E. None of the above
Last Answer : C. Foreign Exchange Management Act Explanation: ―Hawala transactions‖ in India are prohibited under the provision of Foreign Exchange Management Act.
Description : Given what the threat of a Greek default is doing, what would the Tea Party have done to world financial stability if they had managed to force a US default on debt?
Last Answer : I'm not so sure as to the specifics of what might happen. I'm not an economist so my best guess is it would be a major disaster? I'm also not sure whether the Tea Party freshmen really understand the ... I'm not sure they even care about what happens to the world. Do they even think about it at all?
Description : Does a second black cat crossing your path cancel out the first or double the woe to come?
Last Answer : A black cat crossing my path- any number of times- usually means that I am going to spend the next several minutes petting a black cat.
Description : Atheists... Are you worried about the new wave of Spiritualism that is sure to come as a result of worldwide economic downfall?
Last Answer : If people turn to spirituality in their lives, it’s none of my concern so long as they don’t hurt others by practicing their spiritual belief.
Description : How did the word budget come about ?
Last Answer : : The word budget originates from the Greek word Baugette . It means bag. The term was first used in England. Earlier in the day, ministers or officials of the finance department used to carry ... making statements. This method is still in force later. Briefcases have taken the place of just bags.
Description : The customs control based on the Indians customs act 1962 is for a) The imposition of export or import duties b) For ensuring the observance of the provisions of import and export control act c) For ensuring the observation of foreign exchange regulation act d) All of the above
Last Answer : d) All of the above
Description : Will the Great Depression of the 1930s seem like a relatively peaceful and gentle period compared to the "storm we are sailing into now?"?
Last Answer : I wonder sometimes about the self-manifestation of problems…
Description : Which among the following is not a preventive detention act? (1) Terrorist and Disruptive Activities (Prevention) Act (TADA) (2) Prevention of Terrorism Act (POTA) (3) Conservation of Foreign Exchange and Prevention of Smuggling Activities Act (COFEPOSA) (4) Foreign Exchange Regulation Act (FERA)
Last Answer : (4) Foreign Exchange Regulation Act (FERA) Explanation: The Foreign Exchange Regulation Act (FERA) which was passed by the Indian Parliament in 1973 imposed stringent regulations on dealings in foreign ... exchange and the import and export of currency. Ti was not a preventive detention act.
Description : The 73rd Constitutional amendment act is related to : (1) Foreign Exchange (2) Finance Commission (3) Panchayat Raj (4) RBI
Last Answer : (3) Panchayat Raj Explanation: The Constitution (Seventy-third Amendment) Act, 1992 is related to Panchayati Raj in India. It added Part IX of the Constitution of India, related to Panchayats ... on which the Panchayats may be devolved with powers and responsibility by the State Legislatures by law.
Description : To become BBPOUs, Banks and non-bank entities are mandatorily required to apply for approval / authorisation to Reserve Bank of India under ________ A. Payment and Settlement Systems (PSS) Act 2007. B. Foreign ... Act, 1999 C. Banking Regulation Act, 1949 D. SARFAESI Act, 2002 E. None of the Above
Last Answer : A. Payment and Settlement Systems (PSS) Act 2007. Explanation: To become BBPOUs, Banks and non-bank entities are mandatorily required to apply for approval / authorisation to Reserve Bank of ... PSS) Act 2007. Bharat Bill Payment Operating Units (BBPOUs) will be the authorised operational units.
Description : Which allows banks and other financial institution to auction residential or commercial properties to recover loans? A. Industrial Disputes Act 1947 B. Foreign Exchange Management Act, 1999 C. Banking Regulation Act, 1949 D. SARFAESI Act, 2002 E. None of the Above
Last Answer : D. SARFAESI Act, 2002 Explanation: The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (also known as the SARFAESI Act) is an ... allows banks and other financial institution to auction residential or commercial properties to recover loans.
Description : Which statute governs external commercial borrowing? e) Foreign Exchange Maximization Act, 1972 f) Foreign Exchange Management Act, 1999 g) Foreign Exchange Minimization Act, 2004 h) Foreign Exchange Regulation Act, 1972
Last Answer : f) Foreign Exchange Management Act, 1999
Description : FEMA signifies A. Free Export management act B. Foreign Exchange management act C. Foreign Exchange monitoring act D. Free Export marketing act
Last Answer : B. Foreign Exchange management act
Description : What is FEMA ? A. First Exchange Management Act B. Foreign Exchequer Management Act C. Foreign Exchange Management Act D. Foreign Evaluation Management Act
Last Answer : C. Foreign Exchange Management Act
Description : FERA is foreign exchange regulation act for _________. A. industries . B. small scale . C. labour. D. owner
Last Answer : A. industries .
Description : Why is the minimum wage going up?
Last Answer : Inflation
Description : Is Trump crippling our economy to strengthen Russia's?
Last Answer : Seems that way, Trump is Putin’s puppet more than anyone knows. And I truly hope that comes to light when Mueller makes his report public.
Description : What are your economic cues?
Last Answer : My sister bought a house and SUV in 1999. My sister bought a house and SUV in 2006. My sister bought a house and SUV 11 months ago. I AM NOT JOKING It is like when it gets good enough for my sister to spend money it all goes to shit.
Description : Is the cause of the 2008 financial crisis, something about it not being illegal?
Last Answer : There were a lot of illegal acts that contributed to the crisis- securities fraud and violations of banking regulations. But there was a general disregard for prosecuting anyone. The Department of Justice did not file criminal charges against anyone.
Description : Will India become a rich country as it was earlier?
Last Answer : I think it will tend to get “richer” in several ways… until/unless something terrible happens there, such as intolerably increased peak temperatures due to climate change.
Description : What should people have a right to?
Last Answer : I would hope pretty much all of that, both for person A or B, with the most marginal ones to me being: pre-school child care (depending on what you mean) And I would add as well: 15. food (even ... 'd like to do, not that they get shamed and abandoned and made to do something that doesn't suit them.
Description : How do you think businesses are faring in their first quarter under Trump?.
Last Answer : answer:If your business is federally regulated (telecoms, oil, transportation) or involved in the defense or prison industries, you did fine. With everyone else it’s really too early to tell.
Description : What will happen when the world runs out of oil-based fuels?
Last Answer : Resource wars, culminating in global thermonuclear war and the end of human civilisation.
Description : What percent of the 1% are Democrat or Republican?
Last Answer : New York Times says 58% of the 1% are Conservative or Republican
Description : Prompted by a previous question, do you know of a number of adult children who are helping their elderly parents financially if their pension is not adequate?
Last Answer : I work with a lot of elderly patients. Many of them have children that help out with finances and personal care. For most of them, the help is minimal, but for some, it is pretty substantial.
Description : What benefits has America experienced in the wake of the recession?
Last Answer : answer:A long term benefit is the restructuring of the housing finance market. It still has a long way to go, and a lot of people were hurt from 2007 to 2010; but it has gotten at least ... falsified mortgages and low cost enticing loans. In th along run, that will make the economy a bit healthier.
Description : Does "country of origin" influence your purchasing decisions?
Last Answer : answer:It doesn't influence me much. I don't see why it's not beneficial to the USA to at least attempt to have a robust manufacturing sector though. The problem is there are ... years ago? Emergent technology matures, and eventually imitators crop up and undercut the originator of the technology.
Description : Hypothetical question, In your opinion what would happen in North America if all transport trucks stopped rolling for 7 days?
Last Answer : Riots… Massive food shortages. Total disaster. The National Guard would be called in and would be ineffective. The NRA would bilk more members.
Description : Speculative history: If the USSR hadn't been a socialist/communist state from 1917, would they now be ahead of (or behind) the US as a world power?
Last Answer : Both west and east stole technology from Central Europe, WHICH IS AND ALWAYS WAS THE BEST EUROPE!
Description : Is this movie on YouTube accurate and precise?
Last Answer : answer:Simplistic and misleading. Get stranded on a desert is island. A ton of paper money would carry FAR more survival value than a ton of gold. I do worry about our Fed being a quasi-private ... W. Bush, and it would be good to have such an accessible film that really concentrates on reality;
Description : Are Detroit's problems the result of austerity programs in the state of Michigan?
Last Answer : Detroit’s problems are a large confluence of things. Not least of which is the decline in population (and thus tax base) from 2 million to 700,000.
Description : Any middle aged jellies starting over from scratch? I could use some cheerful optimisim as I am feeling very grim in the moment.
Last Answer : Bought the farm means dead, maybe that should be worded differently? LOL. Leave it to you to have humor accidently during a serious and difficult time. I hope things turn around for you, I wish I had some wisdom to share.
Description : The perversity of the American economy - should I be happy or sad?
Last Answer : answer:Depends. What’s your industry? If it’s construction, be sad. If it’s hospitality, be happy.
Description : What would happen, to the world economy, if all stored physical gold, and most other precious metals, were suddenly reported to have vanished with no trace, while some still exist on paper?
Last Answer : They would find another resource that that approximated the beauty, nobility, and malleability of gold. It would not be the same. But if you can not have plan A, you have to take plan B.
Description : Are the following statements economic axioms or myths (see details)
Last Answer : answer:These are good points, but somewhat of an oversimplification. Economic production is an indicator of well-being and progress. It would be a better measure if the negative effects, like ... to the last point, worker owned corporations provide an interesting alternative to the current system .
Description : Would you starve before stealing?
Last Answer : Only those who have been starving can answer this question but I think keeping yourself alive is a moral obligation as well as an instinct and so stealing can become a virtue. A government that removes food stamps and lets people starve loses its legitimacy and will result in anarchy.
Description : Fed Chair says economy is struggling. What happens if, as it so often does, the next election turns out to be all about the economy?
Last Answer : Obama wins. Most people have internalized that Republican’s don’t understand the economy and destroyed it. If it weren’t for social issues (many people really don’t like abortion, etc…) Obama would be up 20 more points.
Description : Should people care for the poor or leave them to fend?
Last Answer : I believe that the poor should be given every opportunity to succeed. There already are programs that teach skills and professional behavior to those who might be able to use them, these should be expanded ... be completely free for those who have no way to pay for it but are gifted academically.
Description : What will the world be like when the statistics show that China is the new super power of the world?
Last Answer : Well, I already love rice…
Description : Where or what is Babylon as described in Book of Revelation?
Last Answer : answer:Sincerely, my understanding is that the author of the Book of Revelation was describing Rome, using Babylon as a code word. If I were to assume the prophet really had supernatural powers, ... , exactly as happened in Rome, the Congress was dissolved in favor of a stronger chief executive.
Description : 1 in 2 Americans is poor. Are you?
Last Answer : We are struggling financially.
Description : When do conservatives realize what a problem income disparity is becoming in this country?
Last Answer : How about never or until the workers all riot?