India's current account - when does it run into a deficit?

india's current account - when does it run into a deficit?

Level - ADVANCE

India's current account is a record of imports and exports of goods and services. This video discusses the dynamics that have led to a high deficit in India's current account.

AUTHOR(S): Deepa Vasudevan

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India's Current Account - When does it run into a deficit?

 India's current account is a record of imports and exports of goods and services. This video discusses the dynamics that have led to a high deficit in India's current account.

1 2 3

    1.On which account does India tend to run a surplus?



  • Invisibles Account
  • Current Account
  • Trade Account
  • 2.If exports fall below imports consistently, then the exchange rate is likely to



  • Depreciate
  • Appreciate
  • Irrelevant: the rate depends on forex market activity
  • 3.In 2011-13, the main reason for the ballooning of the Current account deficit is



  • Rising imports of coal
  • Rising oil and gold imports
  • Rising imports of wheat and rice
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