CURRENT AFFAIRS

2016

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
South Korea has overtaken China as the largest exporter of which products to India in 2016-2017
A
Steel
B
Ceramic
C
Aluminium
D
Jute
Explanation: 

Detailed explanation-1: -Cumulative value of exports for the period April-December 2016 was US$ 198.80 billion as against US$ 197.33 billion registering a positive growth of 0.75 per cent in Dollar terms over the same period last year.

Detailed explanation-2: -Growth In December 2022, the increase in South Korea’s year-by-year exports to India was explained primarily by an increase in product exports in Electrical machinery and electronics ($67.3M or 28.4%), Iron & steel ($46.2M or 23.3%), and Plastics & articles thereof ($20.7M or 11.7%).

Detailed explanation-3: -World exports to China worth US$ 1, 339, 339 million, with a partner share of 8.54 percent. World exports to Germany worth US$ 967, 813 million, with a partner share of 6.17 percent. World exports to United Kingdom worth US$ 617, 680 million, with a partner share of 3.94 percent.

There is 1 question to complete.