Which of the following is the possible impact of excessive Current Account Deficit (CAD)?
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 sportsperson did not get the Rajiv Gandhi Khel Ratna Award 2021?
The Sustainable Development Solutions Network (SDSN), released its annual Sustainable Development Report 2021, which ranked all the UN member states bas...
Consider the following statements about Regional Rural Banks?
I. RRBs were set up on the basis of the recommendations of Narasimham Working Group...
The country's first solid waste-to-hydrogen plant will be set up in which of the following city at a cost of over Rs 430 crore?
Which Indian has been ranked number 2 globally on the Brand Guardianship Index 2023?
The President of India will inaugurate a 216 feet tall “Statue of Liberty” in ?
Which is the top ranked city in the 11th edition of the TomTom Traffic Index?
Employees Provident Fund Organisation (EPFO) has slashed the interest rate on provident fund deposits to ______ % for 2021-22.
Which of the following countries has the House of Lords in its Parliament ?
’A’ App has been developed to democratize information on citizen services & provide citizen-centric services in India.It has been launched by th...