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Which of the following statements are true with respect to current account deficit?
1. The current account deficit is a measurement of a country's trade where the value of the goods and services it imports exceeds the value of the products it exports.
2. The current account includes net income, such as interest and dividends and transfers, such as foreign aid.
3. Dividends and incomes components make up only a small percentage of the total current account.

Which of the following statements are true with respect to current account deficit?
1. The current account deficit is a measurement of a country's trade where the value of the goods and services it imports exceeds the value of the products it exports.
2. The current account includes net income, such as interest and dividends and transfers, such as foreign aid.
3. Dividends and incomes components make up only a small percentage of the total current account. Correct Answer All of the above

Related Questions

Given below are two statements, one labeled as Assertion (A) and the other as Reason (R): Assertion (A): When the payments made by a country exceeds its receipts from the trade of goods, services, transfer, and net income are called Current Account Deficit (CAD). Reason (R): Current Account Deficit (CAD) occurs when a country exports more goods, services, and capital. Choose the correct answer from the codes given below:
Which of the following statement/s is/are incorrect about Net National Product (NNP)? (a) It shows the net production of goods and services produced in a given financial year adjusted for net factor income from abroad. (b) It includes exports, and imports but does not factor in income from abroad. (c) It is called 'net' because it deducts capital depreciation from total National Income.
With reference to the international trade of India at present, which of the following statements is/are correct? 1. India's merchandise exports are less than its merchandise imports. 2. India's imports of iron and steel, chemicals, fertilizers, and machinery have decreased in recent years. 3. India's exports of services are more than its imports of services. 4. India suffers from an overall trade/current deficit. Select the correct answer using the code given below:
In the following question, sentences of a paragraph have been jumbled and labelled as A, B, C and D. You are required to rearrange the jumbled sentences of the paragraph and mark your response accordingly by selecting the correct option. A: The latter is the total debt accumulated over years of deficit spending. B: A fiscal deficit is a shortfall in a government's income compared with its spending.  C: A fiscal deficit is calculated as a percentage of gross domestic product (GDP), or simply as total dollars spent in excess of income.  D: A fiscal deficit is different from fiscal debt.
As per Consumer Protection Act 1986, 'unfair trade practice' includes
(1) Falsely represents that the goods/services are of a particular standard, quality or grade
(2) Falsely represents any re-built, second-hand, renovated, reconditioned or old goods as new goods
(3) Represents that the goods or services have sponsorship, approval, performance, characteristics, accessories, uses or benefits which such goods or services do not have
The income of A is 20% less than the income of B and the income of C is 70% of the sum of incomes of A and B. The income of D is 25% more than the income of C. If the difference between the incomes of B and D is Rs. 23000, then what is the income (in Rs.) of A? 
The following sentences have been given in a jumbled manner. Un-jumble the sentences and answer the option which describes the order of sentences in a correct manner.  A. India's government is in talks with foreign lenders to provide as much as $14.5 billion in credit to millions of its small firms, two officials said, in a sign, the country's banking system may not be robust enough to do the job on its own B. India's micro, small and medium enterprise(MSME) ministry is discussing the proposal to pull in foreign banks with the country's ministry of finance, which will make a final call. C. The push for foreign loans comes on the heels of the Indian government's announcement earlier this month that it plans to borrow about 700 billion rupees by issuing overseas sovereign bonds. D. The government is in discussions with multiple foreign lenders, including Germany's state-owned development bank KfW Group, the World Bank and some Canadian institutions to extend lines of credit to small enterprises E. One official said that the government plans to source up to 1 trillion Indian rupees of loans from foreign institutions because Indian banks were not in a position to provide enough capital for the small business sector, which is seen as critical to job creation.
A small and medium enterprise imports two components A and B from Taiwan and China respectively and assembles them with other components to form a toy. Components A contributes to 10% of production cost while components B contributes to 20% of production cost. Usually the company sells this toy at 20% above the production cost. Due to increase in the raw material and labour cost in both the countries ,component A became 20% costlier and components B became 40% costlier. Owing to these reasons the company increased its selling price by 15%. Considering that cost of other components does not change. What will be the profit percentage if the toy is sold at the new price?
Assertion (A) : The volume of imports tends to be very high when there is a conjecture of high rate of economic growth and a sharp fall in the relative price of imports and vice versa. Reason (R) : High rate of growth, ceteris paribus, is associated with rise in imports and increase in the imports, ceteris paribus, is associated with a fall in the relative price of imports.
In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of thefour alternatives. The entry of foreign media has to be ______ by strict rules. Any intention to ______ the country politically or economically or any attempt at cultural ______ in orderto make the country a slave to the designs of international powers would not be ______. If the foreign media is keen on making a presence on the Indian soil,respect for the countrys unity and ______ is essential. countrys unity and ______ is essential.