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Current Account Deficit has increased in 2017-18. Consider the following about Current Account Deficit
(1)India’s trade deficit has increased in 2017-18.
(2)India’s net service exports have decreased in 2017-18.
Q. Which of the above is correct? 
  • a)
    only 1 
  • b)
    only 2
  • c)
    1 and 2
  • d)
    None of these 
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
Current Account Deficit has increased in 2017-18. Consider the followi...
The current account defcit has also widened in 2017-18 and is expected to average about 1.5-2 percent of GDP for the year as a whole. In the frst half of 2017-18, the oil and gold balance has improved (smaller defcit of $47 billion) but this has been offset by a higher trade defcit ($18 billion) and a reduced services surplus ($37 billion), the latter two reflecting a deterioration in the economy’s competitiveness.
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Current Account Deficit has increased in 2017-18. Consider the following about Current Account Deficit(1)India’s trade deficit has increased in 2017-18.(2)India’s net service exports have decreased in 2017-18.Q. Which of the above is correct?a)only 1b)only 2c)1 and 2d)None of theseCorrect answer is option 'C'. Can you explain this answer?
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Current Account Deficit has increased in 2017-18. Consider the following about Current Account Deficit(1)India’s trade deficit has increased in 2017-18.(2)India’s net service exports have decreased in 2017-18.Q. Which of the above is correct?a)only 1b)only 2c)1 and 2d)None of theseCorrect answer is option 'C'. Can you explain this answer? for Defence 2024 is part of Defence preparation. The Question and answers have been prepared according to the Defence exam syllabus. Information about Current Account Deficit has increased in 2017-18. Consider the following about Current Account Deficit(1)India’s trade deficit has increased in 2017-18.(2)India’s net service exports have decreased in 2017-18.Q. Which of the above is correct?a)only 1b)only 2c)1 and 2d)None of theseCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for Defence 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Current Account Deficit has increased in 2017-18. Consider the following about Current Account Deficit(1)India’s trade deficit has increased in 2017-18.(2)India’s net service exports have decreased in 2017-18.Q. Which of the above is correct?a)only 1b)only 2c)1 and 2d)None of theseCorrect answer is option 'C'. Can you explain this answer?.
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