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      Question

      What was the merchandise trade deficit of India in Q4 FY

      2024–25?
      A $42.7 billion Correct Answer Incorrect Answer
      B $53.3 billion Correct Answer Incorrect Answer
      C $59.5 billion Correct Answer Incorrect Answer
      D $79.3 billion Correct Answer Incorrect Answer
      E $26 billion Correct Answer Incorrect Answer

      Solution

      India’s merchandise trade deficit for Q4 FY 2024–25 was $59.5 billion. While this was higher than the corresponding quarter of the previous year, it was lower than the $79.3 billion deficit seen in Q3 FY 2024–25, suggesting a moderation in goods import-export imbalance.

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