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      Question

      How much was India’s services trade surplus for Q3

      FY25, as reported in the Trade Watch Quarterly?
      A $47.5 billion Correct Answer Incorrect Answer
      B $60.1 billion Correct Answer Incorrect Answer
      C $52.3 billion Correct Answer Incorrect Answer
      D $49.2 billion Correct Answer Incorrect Answer
      E $55.8 billion Correct Answer Incorrect Answer

      Solution

      The report noted that India had a services surplus of $52.3 billion in Q3 FY25, driven largely by 17% growth in services exports. This robust performance helped offset the merchandise trade deficit, showcasing the importance of the services sector in India’s overall trade balance.

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