As per Economic Survey of India 2020-21, India is expected to have a Current Account Surplus of ______ of GDP in FY21.
Show answer & explanation
Correct answer: C
Explanation
The correct answer is option 3 i.e. 2%.
- India is expected to have a Current Account Surplus of 2 per cent of GDP in FY21, a historic high after 17 years.
- India’s real GDP to record a growth of 11 per cent in 2021-22 and nominal GDP by 15.4 per cent-the highest since independence.