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Consider the following statements with respect to India’s bilateral trade over the last decade:(1)Merchandise export to GDP ratio has declined for India.(2) Merchandise import to GDP ratio has increased for India.(3) Net service surplus has declined as a percentage of GDP.Which of the statements given above is/are correct?a)2 onlyb)1 and 2 onlyc)1 and 3 onlyd)1, 2 and 3Correct answer is option 'C'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements with respect to India’s bilateral trade over the last decade:(1)Merchandise export to GDP ratio has declined for India.(2) Merchandise import to GDP ratio has increased for India.(3) Net service surplus has declined as a percentage of GDP.Which of the statements given above is/are correct?a)2 onlyb)1 and 2 onlyc)1 and 3 onlyd)1, 2 and 3Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements with respect to India’s bilateral trade over the last decade:(1)Merchandise export to GDP ratio has declined for India.(2) Merchandise import to GDP ratio has increased for India.(3) Net service surplus has declined as a percentage of GDP.Which of the statements given above is/are correct?a)2 onlyb)1 and 2 onlyc)1 and 3 onlyd)1, 2 and 3Correct answer is option 'C'. Can you explain this answer?.

Solutions for Consider the following statements with respect to India’s bilateral trade over the last decade:(1)Merchandise export to GDP ratio has declined for India.(2) Merchandise import to GDP ratio has increased for India.(3) Net service surplus has declined as a percentage of GDP.Which of the statements given above is/are correct?a)2 onlyb)1 and 2 onlyc)1 and 3 onlyd)1, 2 and 3Correct answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC. Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.

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