CURRENT AFFAIRS

2022

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which country was the largest trading partner of India in 2021?
A
Japan
B
China
C
United States
D
South Korea
Explanation: 

Detailed explanation-1: -The department of commerce had earlier contested China’s official data that showed Beijing was India’s largest trading partner in 2021-22.

Detailed explanation-2: -The US ($57,632.37 million), China ($50,792.83 million), UAE ($36,820.33 million), Saudi Arabia ($23,995 million), Iraq ($18,822.27 million) and Indonesia ($18,816.58 million) were the six countries which recorded higher volumes of trade with India during the first five months of 2022-23.

Detailed explanation-3: -The United States was India’s top trading partner in the timetable of 2021 with a trade of$112.3 billion. The US is followed by China on alternate. The value of trade between India and China was$110.4 billion. Answer.

There is 1 question to complete.