BoP#1: Current Account, OPEC Cutback, Strategic Oil Reserve, GIFT City

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📢Features of Mrunal's Economy Course at Unacademy:
1) 👨‍🏫 Weekly live classes @night even Working Professional can attend
2) 🆎 Updated Powerpoints with latest budgets, economic surveys & current Affairs of Economy
3) 📑 500+ pages Rapid revision handouts, covering both Prelims & Mains, incl. Hindi translation for important terminologies. No need to purchase separate books / NCERTs.
4) 🔠 Weekly Quiz with ranking system
5) 💬 Weekly Doubt Solution to your queries.

- Definition of Balance of Payment, trade deficit, trade surplus
- ranking of top five import export items by India
- OPEC Cartel: Reasons for fall and then rise of crude oil prices on account of OPEC cutback deal.
- Strategic Oil reserves: purpose and locations in India
- Reasons behind the negative growth in imports and exports of India and declined trade deficit
- major importance for items in the services sector of India
- World Bank report regarding international remittances and India’s ranking.
- Calculating current account deficit (CAD) of India
- Sovereign Gold Bond Scheme, Gold Monetization Scheme: salient features, benefits and criticism
- Foreign Trade Policy
- Case study: Dubai International financial sector- facilities offered
- Gift City: ownership, location, salient features



- Faculty Name: You know who
- All Powerpoint available at http://mrunal.org/powerpoint
- Exam-Utility: UPSC IAS IPS Civil service exam, Prelims, CSAT, Mains, Staff selection SSC-CGL, IBPS-PO/MT, IBPS-CWE, SBI PO & Clerk, RBI and other banking exams; LIC, EPFO, FCI & other PSU exams; CDS, CAPF and other defense services exams; GPSC, MPPCS, RPSC & other State PCS services exams with Indian Economy, Budget, Banking, Public Finance in its syllabus- with descriptive questions and answer writing.