Question
Evaluate the following statements concerning India's
thermal coal imports in the first quarter of 2024 : I . There was a 23 % year - on - year increase in thermal coal imports . II . The imports were 19 % higher than in the last quarter of 2023 . III . The increase was despite a higher base in March 2024, compared to the previous year .Solution
Statements I and III are correct . There was a 23 % year - on - year increase in thermal coal imports, and the increase came despite a higher base in March 2024 . Statement II is incorrect; the imports were actually 19 % lower than the record high in the last quarter of 2023 .
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