Question

Consider the following statements according to Economic Survey 2024-25. Select the correct answer from the options given below:

1. India's current account deficit was 1.2% of GDP in Q2 of FY 25,
2. India's current account deficit was 1.3% of GDP in Q2 of FY 24.
3. India's merchandise trade deficit USD 95.3 billion in Q2 of FY 25.

• A. i, iii
• B. എല്ലാം
• C. i, ii എന്നിവ
• D. i, iii എന്നിവ

Answer 1

Answer:

C. i, ii എന്നിവ

India's Current Account Deficit – Q2 FY25

• CAD stood at 1.2% of GDP during Q2 of FY25—slightly lower than 1.3% in Q2 FY24.

• This moderation was driven by a surplus in services exports and strong private transfers (remittances)