New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Which among the following countries continues to be the

    largest source of auto components import in India?
    A China Correct Answer Incorrect Answer
    B South Africa Correct Answer Incorrect Answer
    C Russia Correct Answer Incorrect Answer
    D Britain Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    China still remains the top import country for India with 26% share of all auto component imports. Deepak Jain, president of ACMA said that the 17% shrinkage of the domestic auto industry led to imports (including China) shrinking by 11% in FY19-20. Exports on the other hand were down by just over 3%.

    Practice Next