The trade balance of India (merchandise and services) for December 2022 (provisional) is
Detailed Explanation:
According to the Reserve Bank of India (RBI) data, India's merchandise trade deficit for December 2022 was (-) USD 23.76 billion, while the services trade surplus was (+) USD 11.78 billion.
The overall trade balance (merchandise + services) for December 2022 stood at (-) USD 11.98 billion, indicating that imports exceeded exports by this amount.
Question 8 of 11 Business & Economy
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