Current Affairs · Indian Economy and Foreign Trade
Which of the following statements is NOT correct regarding India's trade performance during the April–December 2024 period?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Total (merchandise + services) exports showed sustained positive momentum throughout the period.✓
- 2Merchandise imports grew by approximately 5.2%.
- 3The rise in merchandise imports was largely driven by non-gold, non-oil imports.
- 4The merchandise trade deficit showed a narrowing trend during this period.
Correct answer
Total (merchandise + services) exports showed sustained positive momentum throughout the period.
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