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1040

Q: What is Current Account Deficit (CAD) ?

  • 1
    Excess amount drawn over the total deposit amount in Current Accounts of the Banks
  • 2
    Deficit due to excess of Govt. expenditure over Govt. Revenue in current year
  • 3
    Deficit caused due to excess of total imports over total exports during the year
  • 4
    Loss due to highest cost of production over market price of the commodity
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Answer : 3. "Deficit caused due to excess of total imports over total exports during the year "

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