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      Question

      As per Nomura, what is the projected current account

      deficit as a percentage of GDP for FY26?
      A 0.5% Correct Answer Incorrect Answer
      B 0.8% Correct Answer Incorrect Answer
      C 1.0% Correct Answer Incorrect Answer
      D 1.2% Correct Answer Incorrect Answer
      E 1.5% Correct Answer Incorrect Answer

      Solution

      Nomura forecasts that the current account deficit (CAD) for FY26 is likely to widen to 1.0% of GDP, up from the earlier 0.8%. This reflects anticipated deterioration in export performance due to tariffs and global trade friction, even though GST-related gains may provide some counterbalance.

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