Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) General Knowledge Economy External Sector and Currency Exchange rate
Consider the following statements regarding India’s external sector performance as per Economic Survey 2024-25:
1. India ranks as the seventh-largest exporter of global services, showcasing its competitive edge in the services sector.
2. India’s non-Petroleum and non-Gems & Jewellery exports decreased by 9.1% during April to December 2024.
3. India’s merchandise exports have been significantly impacted by the volatile global economic conditions, with a sharp decline observed in 2024.
How many of the above statements are correct?
1
Only one
2
Only two
3
All three
4
None