Business Environment, 4th Edition by Pearson

814 | Glossary

Regional imbalances Extreme regional variations in

terms like per capita income, proportion of popula-

tion living below the poverty line, working popula-

tion in agriculture, and employment opportunities.

Registered exporters Exporters regularly exporting

for a period of 3 years, who were permitted to import

capital goods (up to an amount of Rs 10 crore) at a

concessional customs duty of 25percent on the con-

dition they take up an export obligation of three times

the value of their imports within a period of 4 years.

Remittances Money sent or invested.

Remuneration The compensation a person receives

in return for his/her contribution to an organisation.

Repatriation The bringing into India of realised

foreign exchange and ...