India's Current Account Deficit and Trade Balance Quiz

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Questions and Answers

What prompted economists to scale down the current account deficit estimates for FY'24?

A narrow deficit and higher services exports in January

What is the revised FY'2024E CAD/GDP ratio according to Upasana Bharadwaj?

1.1%

What is the net services exports during April-January'24 compared to the same period in FY'23?

$138 billion compared to $117 billion

Which bank revised down the FY24 Current Account Deficit estimate to 1.0% of GDP?

<p>IDFC First bank</p> Signup and view all the answers

What is the downside risk to the current account deficit forecast according to Quant Eco Research?

<p>Downside risk to the estimate of 1.3% of GDP ($47bn)</p> Signup and view all the answers

In which months did FDI flows improve after a net outflow in the September quarter?

<p>October-November</p> Signup and view all the answers

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