2016
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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India Ratings and Research has revised FY17 estimates of CAD from 1.2 percent to how much
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1.3-1.4
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1.4-1.5
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1.3-1.5
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1.3-1.6
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Explanation:
Detailed explanation-1: -India Ratings and Research has revised its FY17 estimate for the country’s current account deficit (CAD) to 1.3-1.5 per cent of GDP from 1.2 per cent due to lower remittances and lower software earnings in fourth quarter for the current fiscal.
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