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

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