Given below are two statements regarding Economic Survey 2025-26: Statement (I): Services exports in India have outpaced goods exports since the dawn of the millennium. Statement (II): Service exports, unlike merchandise exports, do not systematically impose hard fiscal, employment, or logistical constraints on the economy that goods-based export ecosystems impose. In light of the above statements, choose the most appropriate answer:

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Current Affairs · Economic Survey 2025-26 & Services Trade

Verified Solution4 OptionsUpdated: October 2026👁️1 View

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Correct answer

Both Statement I and Statement II are correct and Statement II is the correct explanation of Statement I

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Answer 1

Both Statement I and Statement II are correct and Statement II is the correct explanation of Statement I

Answer 2

Both Statement I and Statement II are correct but Statement II is NOT the correct explanation of Statement I

Answer 3

Statement I is correct but Statement II is incorrect

Answer 4

Statement I is incorrect but Statement II is correct

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