%20(500%20%C3%97%20280%20px)%20(500%20x%20300%20px)%20(25).png "RBI Report: India Records Current Account Surplus of USD 13.5 Billion in Q4 FY25")
Key Highlights
a) Deficit of USD 13.5 billion
b) Surplus of USD 13.5 billion
c) Deficit of USD 23.3 billion
d) Surplus of USD 23.3 billion
Answer: b) India recorded a current account surplus of USD 13.5 billion (1.3% of GDP) in Q4 FY25, as per the RBI report.
- Net services receipts rose to USD 53.3 billion, led by business and IT services.
- Personal transfers (remittances) increased to USD 33.9 billion, up from USD 31.3 billion in Q4 FY24.
- Primary income outgo moderated to USD 11.9 billion, improving the income balance.
- Merchandise trade deficit stood at USD 59.5 billion, slightly higher than Q4 FY24 but lower than Q3 FY25.
- For the full fiscal year, the Current Account Deficit (CAD) narrowed to USD 23.3 billion (0.6% of GDP), down from 0.7% in FY24.
- Net FDI inflows dropped to USD 1 billion in FY25 from USD 10.2 billion in FY24.
Question:
Q.1 According to the RBI’s report titled “India’s Balance of Payments during Q4 of 2024–25”, what was India’s current account status in Q4 FY25?a) Deficit of USD 13.5 billion
b) Surplus of USD 13.5 billion
c) Deficit of USD 23.3 billion
d) Surplus of USD 23.3 billion
Answer: b) India recorded a current account surplus of USD 13.5 billion (1.3% of GDP) in Q4 FY25, as per the RBI report.
