Economics · Economy
In the context of trends in India's external sector, consider the following statements: Statement I: India's services exports regularly exceed merchandise exports in value terms. Statement II: Private transfers, including workers' remittances, constitute a significant component of India's invisible receipts. Statement III: Over the past decade, India's merchandise export earnings have shown a consistent structural decline. Which one of the following is correct in respect of the above statements?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1I only
- 2II only✓
- 3II and III only
- 4I, II and III
Correct answer
II only
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Economy MCQs →Want more practice questions on Economy?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Economy