‘Owing to the Russia-Ukraine crisis, the world is experiencing rising crude prices due to supply-side issues.’ ......................

These are the options for the question :‘Owing to the Russia-Ukraine crisis, the world is experiencing rising crude prices due to supply-side issues.’ Identify the most likely impact on the Balance of Payment situation of the Indian economy from the following:

a) Production of cars in India will rise. b) Production and sale of cycles in India will rise. c) Inflow of US Dollars in India will rise. d) Outflow of US Dollars from India will rise.

The correct answer is -d) Outflow of US Dollars from India will rise.