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Q8. State with reason in which account and on which side of BOP will the following items becredited :-A) Capital transfer from India to Nepal.B) Capital intensive technique of production purchased from Russia.C) Interest on loan given by Malaysia to India.D) Finance of power project from India to Afghanistan.E) Purchase of port in Iran.F) Machinery purchased from USA.G) Fighter jets purchased from France.H) Intellectual property rights purchased by India. |
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Answer» Answer: a)..The SCHEME was launched to provide a safe and cost-efficient avenue to migrant Nepalese workers in India to remit money back to their families in Nepal. A REMITTER can TRANSFER funds up to Indian Rupees 50,000 (maximum permissible AMOUNT) from any of the NEFT-enabled branches in India |
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