Economics · Indian Economy - International Trade
Given below are two statements regarding India's trade Performance: Statement I: Taking advantage of the increased demand for staples during the COVID-19 pandemic, India's agricultural exports continued to perform well in 2021-22. Statement II: Major export segments like marine products, buffalo meat, and raw cotton performed poorly and declined significantly in terms of exports from India in 2021-22 compared to 2020-21. In the light of the above statements, choose the correct answer from the options given below:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Statement I is true but Statement II is false✓
- 2Statement I is false but Statement II is true
- 3Both Statement I and Statement II are false
- 4Both Statement I and Statement II are true
Correct answer
Statement I is true but Statement II is false
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