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UPSC 2003: Assertion (A): During the year 2001-02, the value of India’s total exports declined, registering a negative growth of 2.17%. Reason (R): During the year 2001-02, negative growth in exports was witnessed in respect of iron and steel, coffee, textiles and marine products.
(a)Both A and R are individually true and R is the correct explanation of A
(b)Both A and R are individually true but R is NOT the correct explanation of A
(c)A is true but R is false
(d)A is false but R is true
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Not attemptedCorrect Answer: (d) A is false but R is true
DGCI&S/RBI data show India’s merchandise exports actually recorded a small positive growth (about 1–2 %) in 2001-02, not a –2.17 % decline; therefore the Assertion is wrong. The listed items (iron & steel, coffee, textiles, marine products) did register negative growth that year, so the Reason is factually correct, giving option (d) A false, R true. ([iasexamportal.com](https://iasexamportal.com/IAS/IAS-Prelims-Previous-Year-Paper-General-Studies-2003-2))
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Frequently Asked Questions
What is the correct answer to this UPSC 2003 Indian Economy question?▼
The correct answer is option (d): A is false but R is true. Watch the detailed video explanation in our Sherlocking Prelims course on UnlockIAS.
Which year was this External Sector & Balance Of Payments question asked in UPSC Prelims?▼
This question was asked in UPSC CSE Prelims 2003, GS Paper 1, as Question 102. It falls under Indian Economy > External Sector & Balance Of Payments.
What is the difficulty level of this UPSC question?▼
This question is rated "moderate". It requires sound conceptual understanding of the topic.
How many UPSC Prelims questions have been asked from External Sector & Balance Of Payments?▼
UPSC has asked 49 questions from External Sector & Balance Of Payments (under Indian Economy) across multiple years. Visit the topic page to see the full list and year-wise trends.