- INDIA’S CURRENT ACCOUNT DEFICIT IS $13.4BN WHICH IS 1.5% OF COUNTRY GDP AS PER THE DATA RELEASED BY RBI.
CURRENT ACCOUNT DEFICIT:
CURRENT ACCOUNT DEFICIT OCCURS WHEN THE TOTAL VALUE OF ALL GOODS AND SERVICES IMPORTS EXCEEDS THE EXPORTS .
CAPITAL ACCOUNT:
IT SHOWS A CAPITAL EXPENDITURE AND INCOME(INVESTEMENTS LIKE FDI AND FII ) FOR A COUNTRY.
- SOUTH KOREA LAUNCHED ITS FIRST INDIGENIOUS BUILT SPACE ROCKET NAMED “NURI”.
- RUCHIRA KAMBOJ APPOINTED AS PERMENANT REPRESENTATIVE TO UNITED NATIONS.
UNITED NATION:
HEADQUARTERS : NEW YORK, USA;
SECTREATRY GENERAL : ANTONIO GUTERRES.
