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    Question

    What was the trade deficit for India in December

    2024?
    A $10.9 billion Correct Answer Incorrect Answer
    B $18.5 billion Correct Answer Incorrect Answer
    C $21.9 billion Correct Answer Incorrect Answer
    D $25.5 billion Correct Answer Incorrect Answer
    E $31.8 billion Correct Answer Incorrect Answer

    Solution

    India’s trade deficit for December 2024 stood at $21.9 billion, a three-month low, compared to $31.8 billion in November 2024. This reduction in the trade deficit was due to a 1% contraction in goods exports and a 4.9% increase in imports.

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