Question details
- Type:
- Statement based
- Skill:
- Fact recall
- Tags:
- Indian merchandise and services trade · Foreign Trade, Trade Policy and WTO
- Related topics:
- Balance of Payments and External Accounts
Classification and difficulty are editorial labels. Explanations are awaiting review.
Question 52 (Dropped by UPSC)
With reference to the international trade of India at present, which of the following statements is/are correct? 1. India's merchandise exports are less than its merchandise imports. 2. India's imports of iron and steel, chemicals, fertilisers and machinery have decreased in recent years. 3. India's exports of services are more than its imports of services. 4. India suffers from an overall trade/current account deficit. Select the correct answer using the code given below:
- A.1 and 2 only
- B.2 and 4 only
- C.3 only
- D.1, 3 and 4 only
Show reference answer
Reference answer — not an official UPSC answer
The reference key lists D. 1, 3 and 4 only as its answer.
This is the coaching source’s published answer, not a correctness judgment by Conquer UPSC.