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current account

/ˈkʌrənt əkaʊnt/noun

उच्चारण करन्ट अकाउन्ट

चालू खाता

Core word

noun
  1. 1

    [C] British

    a bank account from which you can take money at any time, usually used by businesses and traders, and which pays little or no interest

    चालू खाता

    • The shopkeeper opened a current account to handle his daily payments.
    • Radhika's firm keeps its money in a current account with a public sector bank.
    • A current account usually pays little or no interest.
    + 2 more examples
    • He can withdraw cash at any time from his current account.
    • The company pays its suppliers from its current account.

    Opposite savings account

  2. 2

    [C, usually singular] economics

    the part of a country's balance of payments that records its trade in goods and services, income from abroad and money sent into or out of the country

    चालू खाता (भुगतान संतुलन का भाग)

    • India's current account deficit widened because of high oil imports.
    • The country ran a current account surplus last year.
    • A rise in exports can narrow the current account deficit.
    + 2 more examples
    • Economists watch the current account closely for signs of trouble.
    • The current account includes trade, services and money sent home by workers.
≈Synonyms and antonyms
?Which word?

Do not confuse a current account (for frequent business transactions, little or no interest) and a savings account (for saving money, earns interest).

Current account (बार-बार होने वाले व्यापारिक लेन-देन के लिए, ब्याज बहुत कम या नहीं) और savings account (बचत के लिए, ब्याज मिलता है) में भ्रमित न हों।

✓In the exam

General knowledge

A current account deficit means a country's imports of goods, services and transfers are greater than its exports.

Current account deficit का अर्थ है कि किसी देश का वस्तुओं, सेवाओं और अंतरणों का आयात उसके निर्यात से अधिक है।