12th Class Economics Financial Market / वित्तीय बाजार Question Bank MCQs - Balance of Payments

  • question_answer
    Which of the following types of deficit is/are common in case of India?

    A) Trade deficit

    B) Capital account deficit

    C) Current account deficit

    D) Both (a) and (c)

    Correct Answer: C

    Solution :

    Current account deficit is very common in India as India's imports exceeds its exports of goods and services.


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