2016
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Iran
|
|
|
Maldives
|
|
|
Sri Lanka
|
|
|
Saudi Arabia
|
Detailed explanation-1: -Countries considered India’s closest include the United Arab Emirates, Russian Federation, Israel, Afghanistan, France, Bhutan, Bangladesh, and the United States.
Detailed explanation-2: -Trade: Saudi Arabia is India’s fourth largest trade partner (after USA, China and UAE) and a major source of energy as India imports around 18% of its crude oil requirement and 22 % of its LPG requirement from the Kingdom. In FY 2021-22, bilateral trade was valued at US $42.8billion.
Detailed explanation-3: -India’s total bilateral trade with the Arab world stands at over US$ 162 billion, and covers a variety of goods and services, from oil to infrastructure and telecommunications to consumer goods. It is home to more than 7 million Indians and caters to 60% of our crude oil imports.