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UNDERSTANDING INDIA’S EXTERNAL ACCOUNT CHALLENGE

UNDERSTANDING INDIA’S EXTERNAL ACCOUNT CHALLENGE Syllabus:  GS 3: Indian economy and Related issues. Why in the News? The ongoing West Asia crisis, rising crude oil prices, widening Current Account Deficit (CAD) concerns, and pressure on the Indian rupee have reignited debate over India’s external sector vulnerabilities and macroeconomic stability.   BALANCE OF PAYMENTS (BoP) ●      …

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