UPSC Prelims 2020 – Question 64

Here is Question No. 64 a part of our series on UPSC Prelims 2020

Q64. Consider the following statements:

1. The value of Indo-Sri Lanka trade has consistently increased in the last decade.
2. “Textile and Textile articles” constitute an important item of trade between India and Bangladesh.
3. In the last five years, Nepal has been the largest trading partner of India in
   South Asia.

Which of the statements given above is/are correct?
(a) 1 and 2 only
(b) 2 only
(c) 3 only
(d) 1, 2 and 3

Answer: B

• Statement 1 is not correct: As per data from the Department of Commerce, Indo-Sri Lanka bilateral trade value for a decade (2007 to 2016) was 3.0, 3.4, 2.1, 3.8, 5.2, 4.5, 5.3, 7.0, 6.3, 4.8 (in billion USD). It reflects the continuous fluctuation in the trend of trade value.
• Statement 2 is correct: “Textile and Textile articles” such as, import of readymade garments from Bangladesh and export of fabric from India constitute an important link item in Indo-Bangladesh trade

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