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      Question

      How much were India’s oil imports worth in March

      2025, the highest since May 2024?
      A $15 billion Correct Answer Incorrect Answer
      B $17 billion Correct Answer Incorrect Answer
      C $20 billion Correct Answer Incorrect Answer
      D $19 billion Correct Answer Incorrect Answer
      E $18.5 billion Correct Answer Incorrect Answer

      Solution

      Oil imports reached $19 billion in March 2025 , marking the highest level since May 2024 . The surge was a key driver of the month’s widened trade deficit. India, being heavily reliant on imported crude oil, is particularly vulnerable to global oil price fluctuations.

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