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      Question

      According to recent Economic Survey data, which country

      stood as India's largest trading partner in terms of total merchandise trade value?
      A United States Correct Answer Incorrect Answer
      B China Correct Answer Incorrect Answer
      C United Arab Emirates Correct Answer Incorrect Answer
      D Saudi Arabia Correct Answer Incorrect Answer

      Solution

      Recent trade data indicates that China has re-emerged as India's top merchandise trading partner, closely followed by the United States. This shifting dynamic is heavily monitored by the RBI for managing external sector vulnerability and bilateral trade deficits.

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