Current Account Deficit (CAD) Subject – Economy Context – Current account posts deficit, at 1.3% of GDP Concept – To know about CAD, please refer November 2021 DPN.

    Current Account Deficit (CAD) Subject – Economy Context – CAD seen at 1.4% by March as crude soars Concept – The current account measures the flow of goods, services, and investments into and out of the country. It represents a country’s foreign transactions and, like the capital account, is a component of a country’s Balance of Payments (BOP). There […]