Current Affairs :- March 2014
A Report on Developments in India’s Balance of Payments released by Reserve Bank of India (RBI) on 5th March 2014. As per this report Current Account Deficit (CAD) reached to its lowest in the past eight years.
In Quarter 3 (Oct-Dec) of 2013-2014 Current Account Deficit (CAD) declined to 0.9 Percent of Gorss Domestic Product (GDP).
What is Current Account Deficit (CAD) ? :
Current Account Deficit (CAD) is a measurement of a country’s trade in which the value of goods and services it imports exceeds the value of goods and services it exports.
Above listed current affairs are marked in Current Affairs March 2014
A Report on Developments in India’s Balance of Payments released by Reserve Bank of India (RBI) on 5th March 2014. As per this report Current Account Deficit (CAD) reached to its lowest in the past eight years.
In Quarter 3 (Oct-Dec) of 2013-2014 Current Account Deficit (CAD) declined to 0.9 Percent of Gorss Domestic Product (GDP).
What is Current Account Deficit (CAD) ? :
Current Account Deficit (CAD) is a measurement of a country’s trade in which the value of goods and services it imports exceeds the value of goods and services it exports.
Above listed current affairs are marked in Current Affairs March 2014
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