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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.
Who excavated Navdatoli?
Megalithic monuments have been identified in -
Mohammed-bin-Qasim conquered Sind in the year
Who was the founder of the Nanda Dynasty?
Consider the following statements:
1. Charvaka was the main expounder of this philosophy.
2. The philosophy is materialistic in nature.
During which period did the Maurya Empire exist?
Consider the followingpairs:
Whic...
The place where does not have a Stupa is
Where was the Second Buddhist Council convened?
Consider the following statements in the context of the taxation system in Mahajanapada period:
1. The payment was made only in kind as the perio...