What was the overall trade deficit in April-May 2023?
(a) $10.35 billion
(b) $12.20 billion
(c) $13.28 billion
(d) $20.56 billion
Ans.(c)
Sol. India’s trade deficit showed considerable improvement during April-May 2023. The overall trade deficit was estimated at US$13.28 billion, a decline of (-) 35.41% compared to the same period in the previous year.