2020
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
What is the latest current account deficit of India?
|
|
3 % of GDP
|
|
|
3.8 % of GDP
|
|
|
0.9 % of GDP
|
|
|
0.2 % of GDP
|
Explanation:
Detailed explanation-1: -India recorded a current account deficit of 3.3 per cent of GDP in H1:2022-23 on the back of a sharp increase in the merchandise trade deficit, as compared with 0.2 per cent in H1:2021-22.
Detailed explanation-2: -Current account deficit widens to 2.8% of GDP in Q1; trade deficit jumps.
Detailed explanation-3: -The country’s current account deficit (CAD) widened to 4.4 per cent of gross domestic product (GDP) in the second quarter of the fiscal 2022-23 on higher merchandise trade deficit.
There is 1 question to complete.