The Monetary Policy Statement 2013-14, released by the Reserve Bank of India on 3 May 2013, expressed concerns over Current Account Deficit (CAD) as the biggest risk to Indian economy. What percentage of Gross Domestic Product (GDP) was comprised by CAD in Quarter 3 (December quarter) of 2012-2013?

A

4.2 per cent

B

5.1 per cent

C

5.9 per cent

D

6.2 per cent

E

6.7 per cent