Teaching DSSSB PGT Mock Test 2025 General Knowledge Economy External Sector and Currency Exchange rate
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 exceed its receipts from the trade of goods, services, transfer, and net income 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:
1
Both A and R are true and R is the correct explanation of A
2
Both A and R are true and R is not the correct explanation of A
3
A is true but R is false
4
A is false but R is true