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    Question

    With reference to Financial Year 2021-22, consider the

    following statements: 1.ย ย ย  China, UAE, US, Russia, and Saudi Arabia have a joint share of 40% of the total imports of India. 2.ย ย ย  China's share in imports in recent times has increased. 3.ย ย ย  The US remained the top export destination followed by UAE and the Netherlands. Which of the statements given above is/are correct?
    A 1 only Correct Answer Incorrect Answer
    B 2 and 3 only Correct Answer Incorrect Answer
    C 1 and 3 only Correct Answer Incorrect Answer
    D 1 and 2 only Correct Answer Incorrect Answer
    E 1, 2 and 3 Correct Answer Incorrect Answer

    Solution

    As regards imports, China, UAE, US, Russia, and Saudi Arabia have a joint share of 40% of the total imports of India.ย Hence, statement 1 is correct. However, the share of China declined to 13.8% during April-November 2022 from 15.5% a year ago. Similarly, the share of the US declined to 6.9% in April-November 2022 from 7.2% a year ago. Hence, statement 2 is incorrect. The US remained the top export destination in April-November 2022 followed by UAE and the Netherlands.ย Hence, statement 3 is correct.

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