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A Substantial Proportion of India's ____ Consists of Information Technology

question 30

Multiple Choice

A substantial proportion of India's ____ consists of information technology consulting,customer service,financial,and telecommunication services and remittances from Indians living abroad.


Definitions:

Future Contract

A standardized legal agreement to buy or sell something at a predetermined price at a specified time in the future.

Swap Contract

A financial derivative agreement between parties to exchange cash flows or other financial instruments over a specified time period.

Bond Discount

The discrepancy between a bond's nominal value and its selling price that occurs when the bond is retailed at a price lower than its nominal value.

Debt Extinguishment

Refers to the process of permanently removing a debt obligation through payment or other financial arrangements.

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