Question
Which of the following is the possible impact of
excessive Current Account Deficit (CAD)?Solution
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.
Ustad Bundu Khan is renowned for playing which musical instrument?
Who emphasized that "foreign medium has turned our children into crammers and imitators and has made our children practically foreigners in their own la...
The perpetuity payment is the interest earned by the present value of the perpetuity in one interest period.
Harirhar and Bukka laid the foundation of the Vijayanagar Empire under the influence of?
Money multiplier measures an estimate of the maximum amount of commercial bank money that can be created
Loan repayment by instalment payments is called as -
RBI withdrew the requirement of incremental CRR after the demonetisation in 2016 by using following tool to absorb the excess liquidity in the system �...
RRBs will have a target of _____ of their outstanding advances for priority sector lending and sub-sector targets.
Which financial product was launched by HDFC Bank to cater specifically to India’s gig workers and freelancers?
Where is the Virupaksha temple located?
