In November 2025, the Reserve Bank of India modified the Foreign Currency Accounts regulations under FEMA to provide exporters with more flexibility in managing their receivables held in International Financial Services Centre (IFSC) accounts. For how long can exporters now retain export proceeds in foreign currency accounts at IFSCs from the date of receipt?

According to the Reserve Bank of India (RBI) data for the week ended April 18, 2025, what was India's total foreign exchange reserve?

The macroeconomic assessment outlined in the RBI Bulletin April 2026 highlights a recent narrowing of the trade deficit alongside notable trends in the Purchasing Managers' Index (PMI). Which one of the following combinations correctly identifies the primary factors supporting the narrowed trade deficit and the specific threshold that indicates a PMI contraction?