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2021

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

The Federation of Indian Export Organisations (FIEO) reported that the export from India is expected to fall by how much percent in the current fiscal year due to the COVID-19 pandemic?

A	10%
B	30%
C	20%
D	40%

Explanation:

Detailed explanation-1: -India’s overall export (Merchandise and Services combined) of USD 61.82 Billion in December 2022. The exports exhibited a negative growth of (-) 5.26 per cent over the same period last year.

Detailed explanation-2: -India set to achieve $650 billion exports target in 2021-22: Piyush Goyal - The Economic Times.

Detailed explanation-3: -The Ministry of Commerce, Government of India, has introduced the Federation of Indian Export Organisations (FIEO) to promote India’s exports; it is an apex body of Indian export promotion organizations.

Detailed explanation-4: -Exports in India is expected to be 35.00 USD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the India Exports is projected to trend around 38.00 USD Billion in 2024 and 41.00 USD Billion in 2025, according to our econometric models.

There is 1 question to complete.