balance of payement(B.O.P)of India 2019??
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It primarily measures net trade in goods and services along with all other earnings or payments that are required to be completed in a defined time period. Latest data shows India has a $48 billion current account deficit.
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India's current account deficit (CAD) stood at US$ 15.8 billion (2.4 per cent of GDP) in Q1 of 2018-19 as compared with US$ 15.0 billion (2.5 per cent of GDP) in Q1 of 2017-18.
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