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Start learning 50% faster. Sign in nowHigh 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.
For building next-generation electric ferries Garden Reach Shipbuilders and Engineers Ltd (GRSE) has signed an agreement with which of the following sta...
The Basic Savings Bank Deposit Account(BSBDA) is a normal banking service available to all. Which of the following is NOT required for a BSBDA account?
In which of the following districts of Uttarakhand Aadi Kailash temple is situated?
Government issues equity instruments in primary market
The famous Capitol Complex, the UNESCO World Heritage Site is located in which State/UT of India?
Which Indian city is known as the 'City of Joy.
What is the characteristic shape of an 'atoll'?
Commercial Paper (CP) is a zero-coupon security, the face value of which is payable at the maturity
"Taare Zameen Par" movie is based on which learning disorder?
What is the name of the study of the atmosphere and weather.