Current Affairs - Economy - Discussion

Discussion Forum : Economy - Latest Current Affairs (Q.No. 1105)

2019-07-31 Economy

1105.

India's Current Account Deficit (CAD) is expected to remain at how much percent of GDP?

2.3 %

2.4 %

2.5 %

2.6 %

Answer: Option

Explanation:

According to Investment Information and Credit Rating Agency (IICRA), despite recent slowdown in Merchandise exports and imports, India's Current Account Deficit (CAD) is expected to remain steady at a range of 16-17 billion dollars or 2.3 % of GDP (Gross Domestic Product) in the first quarter.