Transfer payments refer to payments, which are made:

Related MCQs

• Disequilibrium in the BOP caused by changes in the demand or supply relations of exports or imports or both refer to :
•     __ function refer to the function of converting one currency into another.
• Donations, grants, gifts and such other payments which do not have counter obligations are known as :
• The current account in the balance of payments     _ .
•     _ is not a cause of deficit in balance of payments.
• Unilateral payments received _ _ the supply of foreign exchange.
• The provision of foreign bills of exchange in international payments in an example of _ .
• Protection is made available for _ years for patents.
• Macroeconomics as a separate branch came to be studied after the contributions of which economist?
• Macroeconomics is a study of economics that deals with which 4 major factors: