India records a current account surplus of 0.9% in FY21
India reported a current account surplus of 0.9% of GDP in FY 21. In FY 20 there was a current account deficit of 0.9%. (data released by the Reserve Bank of India)
- The main reason for it is the sharp contraction in the trade deficit from US$ 157.5 billion to US$ 102.2 billion in 2019-20.
.
📣 Prepare Exams is now on Facebook, Twitter, Instagram, YouTube Channel, and Google News to get all the latest News first Like, Follow and bookmark our website @ PrepareExams.com.
For all the latest Updates, download PrepareExams App.