Indias exports grew by.....in February-2018 to 25.8 billion dollars as compared with same period in February-2017.

BANKING GENERAL KNOWLEDGE

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

India’s exports grew by____in February-2018 to 25.8 billion dollars as compared with same period in February-2017.

A	5.50%
B	4.50%
C	3.50%
D	2.50%

Explanation:

Detailed explanation-1: -TRADE SUMMARY FOR INDIA 2018 The total value of exports (FoB) was 322, 292 million. The total value of imports (CIF) was 617, 946 million. At the HS6 digit level, 4, 450 products were exported to 222 countries and 4, 343 products were imported from 220 countries.

Detailed explanation-2: -The correct answer is Engineering Goods. Fiscal 2018-19 was another remarkable year for the engineering exporting community as Indian engineering exports reached their lifetime high in two consecutive fiscals despite having a number of impediments to growth.

Detailed explanation-3: -India’s main export partners are: United States (15 percent of the total exports), United Arab Emirates (11 percent), Hong Kong (5 percent), China (4 percent), Singapore (4 percent) and United Kingdom (3 percent).

Detailed explanation-4: -India exports for 2021 was $679.68B, a 36.18% increase from 2020. India exports for 2020 was $499.10B, a 5.7% decline from 2019. India exports for 2019 was $529.24B, a 1.74% decline from 2018. India exports for 2018 was $538.64B, a 8.1% increase from 2017.

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