After reading this article you will learn about:- 1. Meaning of Balance of Payments 2. Types of Balance Payment 3. Relationship between Balance of Trade and Balance of Payment 4. Equilibrium 5. Causes of Dis-Equilibrium. Contents: Meaning of Balance of Payments Types of Balance Payment Relationship between Balance of Trade and Balance of Payment Equilibrium of Balance of Payments Causes [...]
The loans obtained from official and private sources of foreign countries are called foreign loans which are granted for a period of 5 years or more. They are of two types, viz., (a) Hard loan, i.e. loans repayable in foreign currency; and (b) Soft loan, i.e., loans repayable in Indian currency. i. International Monetary Fund (IMF): The IMF has been [...]
This article throws light upon the top four types of domestic issues. The types are: 1. Commercial Banks 2. Development Banks and Financial Institutions 3. Discounting of Trade Bills 4. International Capital Market. Domestic Issue: Type # 1. Commercial Banks: Commercial banks, like domestic loans, extend foreign currency loans for international transactions all over the world. Like usual transactions, they [...]