Q. With reference to India’s export performance in FY 2025–26, consider the following statements:
1.India is among the top 5 exporting countries in the world.
2.India’s total exports exceeded its imports in FY 2025–26.
Which of the statements given above is/are correct?
Answer: D
Notes:
Explanation:
- Statement 1 is incorrect — India’s total exports stood at about $860.09 billion, placing it among the top 20 exporters globally, not in the top 5 (though it is among the top 10 in services exports).
- Statement 2 is incorrect — India’s imports were about $979 billion, which exceeded exports, resulting in an overall trade deficit of around $119 billion (merchandise deficit ~$333 billion, partly offset by services surplus of ~$214 billion).
Source- TOI
