With reference to the international trade of India at present, which of the following statements is/are correct? 1. Indias merchandise exports are less than its merchandise imports. 2. Indias imports of iron and steel, chemicals, fertilisers and machinery

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Q: (IAS/2020)
With reference to the international trade of India at present, which of the following statements is/are correct?
1. India’s merchandise exports are less than its merchandise imports.
2. India’s imports of iron and steel, chemicals, fertilisers and machinery have decreased in recent years.
3. India’s exports of services ye more than its imports of services.
4. India suffers from an overall trade/current account deficit.

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question_subject: 

Economics

question_exam: 

IAS

stats: 

0,175,61,12,17,32,175

keywords: 

{'exports': [0, 0, 2, 1], 'international trade': [1, 0, 0, 1], 'merchandise exports': [0, 0, 0, 1], 'merchandise imports': [0, 0, 0, 1], 'imports': [0, 0, 0, 1], 'india': [8, 1, 7, 13], 'current account deficit': [0, 0, 0, 4]}