Indias overall exports (Merchandise and Services combined) in April-August 2018-19 (as per the RBI Press Release) are estimated to be USD.....Billion, exhibiting a positive growth of 20.70% over the same period last year.

BANKING GENERAL KNOWLEDGE

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

India’s overall exports (Merchandise and Services combined) in April-August 2018-19 (as per the RBI Press Release) are estimated to be USD____Billion, exhibiting a positive growth of 20.70% over the same period last year.

A	USD 102.58 Billion
B	USD 610.47 Billion
C	USD 221.83 Billion
D	USD 504.25 Billion

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: -India’s overall export (Merchandise and Services combined) of USD 61.82 Billion in December 2022.

Detailed explanation-3: -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-4: -India’s merchandise exports have grown 11.1% through the first eight months of the year to touch $295.3 billion, but the rating agency cited recent months’ trend of moderating exports to reckon that the full-year figure would be 2.3% lower than the record $422 billion achieved in FY 2021-22.

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