📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

  • google app store apple app store
  • ✖

      Question

      What was the amount of India’s current account surplus

      in Q4 of FY 2024–25?
      A $4.6 billion Correct Answer Incorrect Answer
      B $8.2 billion Correct Answer Incorrect Answer
      C $13.5 billion Correct Answer Incorrect Answer
      D $11.3 billion Correct Answer Incorrect Answer
      E $23.3 billion Correct Answer Incorrect Answer

      Solution

      India recorded a current account surplus of $13.5 billion (1.3% of GDP) in Q4 FY 2024–25, up from $4.6 billion (0.5%) in the same quarter of the previous year. This was a reversal from the previous quarter (Q3FY25), which had a deficit of $11.3 billion. The turnaround was largely driven by increased services exports and improved net invisible receipts.

      Practice Next
      ask-question