UPSC CSE Prelims 2006 Q42 — Indian Economy PYQ with Answer
2006Q42·Indian Economy·External Sector & Balance Of Payments
Consider the following statements:
1. In India, during the financial year 2004-2005 an increase of below 10 % over the value of exports (in rupee terms) in the financial year 2003-2004 was reported.
2. According to the WTO, India’s share in the world merchandise exports is 2 % in the year 2005.
Which of the statements given above is/are correct?