Current Affairs · Macroeconomic Trends
The macroeconomic assessment highlights various global and domestic economic indicators reflecting recent trends. Based on these indicators, which of the following statements is/are correct? 1. Due to global supply chain disruptions in West Asia, particularly affecting the Strait of Hormuz, crude oil prices surged to a multi-year high of $118.4 per barrel by March 31, 2026. 2. Demonstrating domestic economic resilience, GST collections exceeded the ₹2 lakh crore mark in March 2026, signifying strong economic activity alongside growth in e-way bill generation. 3. India's trade deficit expanded to a 9-month high due to a reduction in exports and a concurrent increase in imports amid global uncertainty. Select the correct option:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 11 and 2 only✓
- 22 and 3 only
- 31 and 3 only
- 41, 2, and 3
Correct answer
1 and 2 only
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