CURRENT AFFAIRS

2023

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
According to data released by the commerce ministry, India’s exports will dip by how much percent to $29.78 billion in October 2022?
A
17%
B
14%
C
21%
D
5%
Explanation: 

Detailed explanation-1: -India’s exports contracted by 16.65 per cent to $29.78 billion in October 2022 as compared to the year-ago period, according to data released by the commerce ministry on Tuesday.

Detailed explanation-2: -Fig 1: Overall Trade during January 2023* India’s overall exports (Merchandise and Services combined) in April-January 2022-23 is estimated to exhibit a positive growth of 17.33 per cent over the same period last year (April-January 2021-22).

Detailed explanation-3: -India’s overall exports in April 2023 estimated at USD 65.02 billion; a positive growth of 2 percent. India’s overall exports (Merchandise and Services combined) in April 2023* is estimated to be USD 65.02 Billion, exhibiting a positive growth of 2.00 per cent over April 2022.

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