Consider the following statements:
Statement-I:
India's global merchandise exports have increased marginally in the last decade.
Statement-II:
India’s share in global services exports has been steadily rising for the last two decades.

Which one of the following is correct in respect of the above statements?
(a) Both Statement-I and Statement-II are correct and Statement-II explains Statement-I
(b) Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-I
(c) Statement-I is correct, but Statement-II is incorrect
(d) Statement-I is incorrect, but Statement-II is correct

Question

Consider the following statements:
Statement-I:
India's global merchandise exports have increased marginally in the last decade.
Statement-II:
India&rsquo;s share in global services exports has been steadily rising for the last two decades.

Which one of the following is correct in respect of the above statements?
(a) Both Statement-I and Statement-II are correct and Statement-II explains Statement-I
(b) Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-I
(c) Statement-I is correct, but Statement-II is incorrect
(d) Statement-I is incorrect, but Statement-II is correct

ONLiNE UPSC · Accepted Answer

Statement-I is correct: India's global merchandise exports have seen an increase in the last decade, the growth has been marginal, with a share of 1.70% in 2014 rising to 1.82% in 2023, and the country's rank in global merchandise exporters improving from 19th to 17th.

Statement-II is correct: India's share in global services exports has been steadily rising for the last two decades, doubling from 1.9% in 2005 to 4.3% in 2023. This growth is particularly strong in sectors like telecommunications, computer, and information services.

International Trade

India's Global Exports

Website Link

Test Your Knowledge

Student Resources


M Question 1	⏱ 0
Consider the following statements: Statement-I: India's global merchandise exports have increased marginally in the last decade. Statement-II: India’s share in global services exports has been steadily rising for the last two decades. Which one of the following is correct in respect of the above statements? (a) Both Statement-I and Statement-II are correct and Statement-II explains Statement-I (b) Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-I (c) Statement-I is correct, but Statement-II is incorrect (d) Statement-I is incorrect, but Statement-II is correct