1.

What is Current Account Deficit (CAD) ?

A. Excess amount drawn over the total deposit amount in Current Accounts of the Banks
B. Deficit due to excess of Govt. expenditure over Govt. Revenue in current year
C. Deficit caused due to excess of total imports over total exports during the year
D. Loss due to highest cost of production over market price of the commodity
Answer» D. Loss due to highest cost of production over market price of the commodity


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