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Multiple Choice Questions

What was India 39 s current account deficit CAD in the April June quarter from 1 3 billion 0 2 of GD...........

Current GK (IBPS RRB-PO) Indian Economy

What was India's current account deficit (CAD) in the April-June quarter, from $1.3 billion (0.2% of GDP) in the preceding three months, data released by the Reserve Bank of India (RBI)?

$7.5 billion

$7.8 billion

$8.2 billion

$9.2 billion

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Explanation:

India’s current account deficit (CAD) widened to $9.2 billion (1.1% of GDP) in the April-June quarter, from $1.3 billion (0.2% of GDP) in the preceding three months, as exports of goods shrank even as imports rose and net receipts from services also declined quarter-on-quarter, data released by the Reserve Bank of India (RBI).

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