Question

    By how much did India's trade deficit increase in Q1

    FY25 compared to Q1 FY24?
    A $6.3 billion Correct Answer Incorrect Answer
    B $8.9 billion Correct Answer Incorrect Answer
    C $9.7 billion Correct Answer Incorrect Answer
    D $56.7 billion Correct Answer Incorrect Answer
    E $65.1 billion Correct Answer Incorrect Answer

    Solution

    The trade deficit widened to $65.1 billion in Q1 FY25, up from $56.7 billion in Q1 FY24, contributing to the increase in the Current Account Deficit.

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