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Q75 (IAS/2004) Economy › External Sector & Trade › External Sector & Trade

Assertion (A) : For the first time, India had no trade deficit in the year 2002- 2003. Reason (R) : For the first time, India’s exports crossed worth $ 50 billion in the year 2002-03.

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SIMILAR QUESTIONS

IAS · 2003 · Q102 Relevance score: 4.59

Assertion (A) : During the year 2001 - 02, the value of India’s total exports declined, registering a negative growth of 2.17%. Reason (R) : During the year 2001 - 02, negative growth in exports was witnessed in respect of iron and steel, coffee, textiles and marine products.

IAS · 2001 · Q30 Relevance score: 2.93

Assertion (A) : India’s software exports increased at an average growth rate of 50% since 1995-96. Reason (R) : Indian software companies were cost-effective and maintained international quality.

IAS · 2000 · Q88 Relevance score: 2.92

Assertion (A) : The rate of growth of India’s exports has shown an appreciable increase after 1991. Reason (R) : The Govt. of India has resorted to devaluation.

IAS · 1994 · Q48 Relevance score: 2.31

Assertion (A) : The USA re-emerged as India’s single largest import source in the early nineties. Reason (R) : With swift political developments in the erstwhile Soviet Union, India gradually began to rely on the USA for its defence requirements. In the context of the above two statements, which one of the following is correct?