Question
Which of the following will not contribute to a higher
current account deficit? (1) Increase in price of crude oil (2) Rise in export of software services (3) Rise in import of services Choose the correct answer using the codes given below:Solution
Current account deficit is a measurement of a country’s trade in which the value of goods and services it imports exceeds the value of goods and services it exports. Increase in crude oil price and rise in import of services oil increase the current account deficit. However increase in exports will reduce the deficit.
Consider the following statements regarding the Priority Sectors Lending:
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Where are the headquarters of UNICEF ?
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Consider the following statements:Â
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2...
When the RBI wants to inject liquidity into economy, it may adopt the following :
(1) Buy the government securities from the banks.
(2) En...
DICGC is a wholly-owned subsidiary of ____________.
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