Current Account Surplus Subject – Economy Context – Current account surplus slides to $6.5 billion in Q1 Concept – To know about Current Account and BoP, please click here.

    CURRENT ACCOUNT SURPLUS Subject : Economics Context : The current account surplus moderated to $15.5 billion (2.4 per cent of GDP) in the quarter ended September of 2020-21 from $19.2 billion (3.8 per cent of GDP) in the first quarter this fiscal. Concept : The narrowing of the current account surplus in Q2 […]

Subject: Economy Context: India recorded a surplus of $19.8 billion (3.9% of GDP) in its current account balance in the first quarter of FY21 according to RBI data. Concept: The current account records a nation’s transactions with the rest of the world in goods and services and its net transfer payments—over a defined period of time, […]