. Capital Account Convertibility is a feature of a nation’s financial regime that centers on the ability to conduct transactions of local financial assets (money, stocks, bonds, real estate, FDI, FII, account receivable, inventory etc) into foreign financial assets freely and at market determined exchange rates. In layman’s terms, full capital account convertibility allows local … Read more DMPQ- Explain the concept of capital account convertibility. Compare the advantages and disadvantages of full capital account convertibility.
. Expansion under Wellesley was perhaps one of the largest British expansions. He took over India at a time when France was engaged in a bitter war with Britain all over the world. He used many tactics for expansion from outright war to usurping the throne of erstwhile subsidiaries. Subsidiary Alliance was one such tool … Read more DMPQ- Discuss how Lord Wellesley’s Subsdiary Alliance policy helped the cause of expansion of British empire.
. It refers to the effect of tax avoidance strategies used by multinational corporations on countries’ tax basis. The term was used for the first time by OECD. In an increasingly interconnected world, national tax laws have not kept pace with global corporations, fluid capital, and the digital economy, leaving gaps that can be exploited … Read more DMPQ- Briefly discuss the concept of Base erosion and profit shifting.
. Important tools which come under Biotechnology are as follows: Genetic engineering Genetic engineering is the process of using recombinant DNA (rDNA) technology to alter the genetic makeup of an organism. Traditionally, humans have manipulated genomes indirectly by controlling breeding and selecting offspring with desired traits. Genetic engineering involves the direct manipulation of one or … Read more DMPQ-. Discuss some of the important tools and technologies of biotechnology.