Start learning 50% faster. Sign in now
High Current Account Deficit (CAD) means, there is a mismatch in demand and supply of foreign currency. There is higher demand for foreign currency (mainly US dollar) compared to supply. Thus the currency will depreciate. In this case, sometimes RBI intervenes by supplying foreign currency from its reserve to meet the demand. Thus it will lead to decrease in Foreign Exchange reserve of RBI. Deficit or surplus in Current Account does not have any direct impact on Growth rate of an economy.
Which of the following is the most relevant for deriving a point estimate?
Marshall-Edgeworth Index number:
Recession in industry is associated with the:
The 95% confidence interval of average age of accidents in any city during last year for a sample of size 100 with mean age 34.25 from population of st...
If the population skewness of the observations 8,6,3, 1,2,5 is 0.233, then the population skewness of 16,12,6,2,4,10 is:
The Pearson's correlation coefficient between following observation
X: 1 2 �...
A physical instructor claims that the mean weight of students in school is greater than 82 kg with standard deviation 20. If a sample of size 81 studen...
At a reservation counter. passengers are arriving for booking the tickets in a Poisson fashion with mean rate 60 per hour. The kurtosis of the inter-ar...
The interquartile range excludes ___ of the values.