Q: Consider the following statements with respect to performance of the merchandise export of India in FY–2024: 1. Share of capital goods such as machinery, equipment and other durable goods decreased substantially. 2. Share of consumer goods and intermediate goods increased. Which of the statements given above is/are correct?
(a)1 only
(b)2 only
(c)Both 1 and 2
(d)Neither 1 nor 2
Correct Answer: (d)
The correct answer is (c) 'Both 1 and 2'. Among the 2 statements given, this option correctly identifies which statements are accurate regarding External Sector & Trade (Indian Economy).