Consider the following statements regarding RBI’s International Investment Position (IIP) and Current Account data for Q3 FY25. Which of them are correct?
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Net claims of non-residents on India increased by USD 11 billion to USD 364.5 billion during Q3 FY25.
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India’s Current Account Deficit (CAD) decreased to USD 10.4 billion (1.1% of GDP) during Q3 FY25.
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The decline in foreign assets of Indian residents was primarily due to a fall in reserve assets by USD 70.1 billion.
1
1 only
2
2 only
3
3 only
4
1 and 3 only
5
1 and 2 only