SSC CGL 2017 Tier 1 Questions and Answers

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deficit-is-financed-by-net-capital-flows-from-the-rest-of-the-world

Question

A ___________ deﬁcit is ﬁnanced by net capital ﬂows from the rest of the world, thus by a capital account surplus.

A Current Account

B Savings Account

C Capital Account

D Asset Accoun

Answer & Explanation
Answer: Option [A]

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