Question
India traditionally runs a large Merchandise Trade
Deficit (Goods). What is the key component that typically counteracts this to keep the Current Account Deficit (CAD) low?Solution
Solution: The Merchandise Trade Deficit (imports of goods exceeding exports of goods) is an inherent feature of India's current account. This deficit is largely offset by a robust Surplus in Services Trade (driven primarily by Information Technology and related services) and high levels of Private Transfer Receipts (remittances from non-resident Indians), which together help keep the overall Current Account Deficit (CAD) to a manageable level (e.g., CAD was contained at 0.2% of GDP in Q1 FY 2025-26).
Ignorantia Juris Non Excusat means_____________________
Precept is defined under which section of CPC?
What is the time period within which the first meeting of the Board of Directors of a company should be held the date of its incorporation?
Which of the following can be included as a property of the partnership firm?
In Dinesh Trivedi vs. Union of India (1997) 4 SCC 306. Supreme Court
Recognized _____.
Section 12(1)(b) of the Environment (Protection) Act, 1986 allows recognition of laboratories to carry out functions entrusted to:
Property of Union is:
A person receives Rs. 50 lakhs through a bank transfer from an undisclosed source. Investigation reveals that the source had committed a forgery (Sectio...
Under Section 41 of the Code of Civil Procedure, 1908, the suit must be valued for:
Section 135 requires companies meeting thresholds to “constitute a CSR Committee.” Consider:
(1) Minimum of 3 directors required.
(2) ...
