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      Question

      India’s merchandise export in April -August

      2022-23 was USD 192.59 billion with an increase of ______.
      A 15.5% Correct Answer Incorrect Answer
      B 16.3% Correct Answer Incorrect Answer
      C 17.1% Correct Answer Incorrect Answer
      D 17.5% Correct Answer Incorrect Answer
      E None of the above Correct Answer Incorrect Answer

      Solution

      India’s merchandise import in August 2022 was USD 61.68 billion, an increase of 36.78% over USD 45.09 billion in August 2021. India’s merchandise imports in April -August 2022-23 was USD 317.81 billion with an increase of 45.64% over USD 218.22 billion in April -August 2021-22. Value of non-petroleum exports in August 2022 was 28.09 USD billion, registering a negative growth of only 2.22% over non-petroleum exports of USD 28.73 billion in August 2021. The value of non-petroleum exports in April -August 2022-23 was USD 152.29 billion, an increase of 7.97% over USD 141.05 billion in April -August 2021-22.

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