Given below are two statements based on global economic outlook discussions: Statement I: In a highly uncertain global environment with rising interest rates in developed markets, foreign portfolio investors typically increase investments in emerging markets like India. Statement II: According to the Economic Survey 2022-23, India's current account deficit was expected to widen in FY23 due to elevated global commodity prices. In the light of the above statements, choose the correct answer from the options given below:

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Current Affairs · Economic Survey 2022-23

Verified Solution4 OptionsUpdated: October 2026👁️1 View

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Correct answer

Statement I is false but Statement II is true.

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Answer 1

Statement I is false but Statement II is true.

Answer 2

Statement I is true but Statement II is false.

Answer 3

Both Statement I and Statement II are false.

Answer 4

Both Statement I and Statement II are true.

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