Question

    What was the value of India's merchandise trade deficit

    in Q4 FY 2024–25?
    A $42.7 billion Correct Answer Incorrect Answer
    B $79.3 billion Correct Answer Incorrect Answer
    C $53.3 billion Correct Answer Incorrect Answer
    D $59.5 billion Correct Answer Incorrect Answer
    E $23.3 billion Correct Answer Incorrect Answer

    Solution

    India's merchandise trade deficit in Q4 FY25 was $59.5 billion, higher than Q4 FY24 but lower than Q3 FY25’s $79.3 billion. Despite the large trade deficit, the services surplus helped swing the overall current account to a surplus.

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