Request a call back

Join NOW to get access to exclusive study material for best results

CBSE Class 12-commerce Answered

Give the meaning of official reserve transactions.
Asked by Topperlearning User | 19 Apr, 2016, 12:42: PM
answered-by-expert Expert Answer

Financing the deficit by selling assets or by borrowing from abroad by monetary official authorities of a domestic nation is called official transactions. Maintaining the surplus by lending or buying assets from abroad by monetary official authorities is called official reserves.

Answered by | 19 Apr, 2016, 02:42: PM
CBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 19 Apr, 2016, 12:42: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 19 Apr, 2016, 12:42: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 19 Apr, 2016, 12:42: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 19 Apr, 2016, 12:42: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 19 Apr, 2016, 12:42: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 19 Apr, 2016, 12:42: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 19 Apr, 2016, 12:42: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 19 Apr, 2016, 12:42: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 19 Apr, 2016, 12:42: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 19 Apr, 2016, 12:42: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
Get Latest Study Material for Academic year 24-25 Click here
×