Question

    What is the primary reason for India’s 42-month low trade

    deficit in February 2025?
    A Increase in software service exports Correct Answer Incorrect Answer
    B Significant drop in gold, silver, and crude imports Correct Answer Incorrect Answer
    C Surge in domestic manufacturing output Correct Answer Incorrect Answer
    D Decline in foreign direct investment (FDI) inflows Correct Answer Incorrect Answer
    E Higher remittances from Indian expatriates Correct Answer Incorrect Answer

    Solution

    India’s trade deficit fell to a 42-month low of $14.05 billion in February 2025 due to a decline in gold, silver, and crude oil imports.

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