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Questions › JNU › JNU SSS 2014 › Q5
1 mark, −0.25International Economics › Balance of payments and exchange rates › Balance of payments accounts and the current accountModerateabout 1 min

JNU SSS 2014 Question 5: Balance of payments and exchange rates

Expenditure on Gross Domestic Product (in ₹ 100 billion)

At Current Prices2009–102010–112011–122012–13
1. Final consumption expenditure448525617696
1.1 Government final consumption expenditure7789103119
1.2 Private final consumption expenditure371436514577
2. Gross fixed capital formation206241286307
3. Change in stocks18271717
4. Valuables12162527
5. Exports of goods and services130171215243
5.1 Export of goods85114147163
5.2 Export of services45576879
6. Import of goods and services165205272311
6.1 Import of goods136168235267
6.2 Import of services28373844
7. Discrepancies031432
8. Expenditure on gross domestic productABCD
At Constant 2004–05 Prices2009–102010–112011–122012–13
1. Final consumption expenditure340368400421
1.1 Government final consumption expenditure55586266
1.2 Private final consumption expenditure285309338355
2. Gross fixed capital formation159177199200
3. Change in stocks14211211
4. Valuables9131318
5. Exports of goods and services100120138145
5.1 Export of goods668296100
5.2 Export of services34384245
6. Import of goods and services133154187199
6.1 Import of goods112127163174
6.2 Import of services21272325
7. Discrepancies–10–15–12–6
8. Expenditure on gross domestic product479XYZ

Source : CSO Press Note dated 31st January, 2014

The current account deficit at current price as proportion of GDP during 2012–13 has been estimated to be

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What this question tests

This question is on Balance of payments accounts and the current account, part of Balance of payments and exchange rates in International Economics.

How a country's transactions with the world are recorded.

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