CURRENT AFFAIRS

2018

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
India’s exports hit 6 month high of _________ billion dollar in May?
A
41.15
B
15.48
C
32.85
D
28.86
Explanation: 

Detailed explanation-1: -DEPARTMENT OF COMMERCE India has achieved monthly value of merchandise export in May 2022 amounting USD 37.29 billion, an increase of 15.46% over USD 32.30 billion in May 2021.

Detailed explanation-2: -Exports in India averaged 6.90 USD Billion from 1957 until 2022, reaching an all time high of 42.22 USD Billion in March of 2022 and a record low of 0.06 USD Billion in June of 1958.

Detailed explanation-3: -Fig 1: Overall Trade during November 2022* India’s overall exports (Merchandise and Services combined) in April-November2022* are estimated to be USD 499.67 Billion.

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