A country's current account deficit is equal to the net outflow of goods, services, investment income, and transfers. A country's current account can be in balance, in deficit, or in surplus at any given time. Whether in surplus or deficit, the current account's non-zero balance must ...
In India, the MAB requirement for a current account can range from as low as Rs. 5,000 to as high as Rs. 1 lakh or more depending on the bank and the type of account. Some banks may offer a zero-balance current account for certain categories of customers such as startups or small...
It is customary for the government of India to release its annual Economic Survey a day before presenting the Union Budget in its parliament. The first survey was presented in 1950-51 as a part of the budget. From 1964 onwards, it has been presented separately. ...
请问下,What is the current account balance of a nation with a government budget deficit of128 billion,private saving of 806 billion,and domestic capital formation of$777 billion? 答案 1280亿美元政府预算赤字,8060亿美元私人储蓄,国内资本组成7770亿美元,这个国家的现金帐户余额是多少?会翻译,不会算,你...
“As signaled by other macro indicators, like low inflation, a small current account deficit, and rapidly consolidating fiscal balances, there is rising slack in the economy,” said BofA’s India economist Rahul Bajoria. “This is further corroborated by evidence of faltering consumer a...
flow of tradeThe world economy is characterised by a three-polar structure between the United States of America, Europe and Asia and fundamental disequilibria, revealed by the accumulating current account deficit of the United States. What role can exchange rate policies play in stabilizing the ...
Some argue that the size of the U.S. national debt and the current account deficit could trigger an economic crisis.19 Experts also predict that climate change could cause profound losses.20 Frequently Asked Questions (FAQs) When did the Great Depression end? Although the lowest economic poin...
What is the relation between fiscal deficit and inflation in context of India? What are the several ways the government can use to control inflation? Explain why inflation might be higher than money growth in high-inflation countries and lower than money growth in low-inflation countries. ...
while a negative current account balance indicates that it is a net borrower. A current account surplus increases a nation's net foreign assets by the amount of the surplus, while a current account deficit decreases it by the amount of the deficit. ...
A nation's current account deficit is a broader measure. The trade deficit is almost always the largest component of the current account deficit, but the current account deficit includes other numbers, such as foreign aid and international investment. It is, in fact, possible for a na...