📢 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 primary reason behind the 9.4% shrink in

      India’s trade deficit in Q1 2025-26? 
      A Decline in petroleum imports Correct Answer Incorrect Answer
      B Growth in agricultural exports Correct Answer Incorrect Answer
      C Rise in services exports Correct Answer Incorrect Answer
      D Fall in gold imports Correct Answer Incorrect Answer
      E Reduced defence expenditure Correct Answer Incorrect Answer

      Solution

      India’s trade deficit reduced to $20.3 billion in Q1 2025-26 due to an 11% rise in services exports, particularly in IT and business process outsourcing. 

      Practice Next
      ask-question