What export figure for October was described as an all time high at the fair?
- A.Nearly 60 billion dollars
- B.Nearly 75 billion dollars
- C.Nearly 90 billion dollars
- D.Nearly 120 billion dollars
Correct answer
Explanation
The correct answer is nearly 90 billion dollars. Speaking at the opening of the fair, the Commerce and Industry Minister said the country had posted its highest ever monthly export total in October, made up of roughly 50 billion dollars of merchandise and about 40 billion dollars of services. Options A, B and D are wrong because none of them matches the figure placed before the audience. The Minister added that shipments over the first seven months of the year had reached 570 billion dollars, that trade was likely to grow by 15 to 16 per cent this year while world trade growth stayed near 3.5 per cent, and that the one trillion dollar export target was within reach. Aspirants should remember the split of goods and services, because questions often test the components rather than only the headline number.
Read the full article: 45th India International Trade Fair 2026 Opens at Bharat Mandapam
Practice Questions
Where was the 45th India International Trade Fair 2026 inaugurated?
- A.Pragati Maidan Hall 7
- B.Bharat Mandapam, New Delhi
- C.Yashobhoomi, Dwarka
- D.India Expo Centre, Greater Noida
Show answer
The Union Minister of Commerce and Industry opened the 45th India International Trade Fair at Bharat Mandapam, and the same venue is the one the government says it will expand in a fresh phase that nearly doubles the exhibition space on offer.
Read the full explanation →How many startups are being showcased in the Hall of Inspiration at the 45th IITF?
- A.300
- B.450
- C.600
- D.750
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The Hall of Inspiration was described as a major attraction of this edition, and it puts 600 startups and their innovations before visitors.
Read the full explanation →By which date have State Drug Controllers been asked to submit their Action Taken Reports to the NPPA?
- A.9 November 2026
- B.11 November 2026
- C.16 November 2026
- D.30 November 2026
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The controllers have to check that manufacturers, dealers, hospitals and medical institutions are selling at the revised rates, and then report to the Authority by that date.
Read the full explanation →Under which department does the National Pharmaceutical Pricing Authority function?
- A.Department of Health and Family Welfare
- B.Department of Pharmaceuticals
- C.Department of Consumer Affairs
- D.Department of Biotechnology
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The Authority working under it fixes and monitors medicine prices, and in this case it ordered strict monitoring of trade margin rationalisation on anti-cancer drugs.
Read the full explanation →Trade Margin Rationalisation has been applied to how many non-scheduled anti-cancer drugs, according to the NPPA direction?
- A.71
- B.108
- C.137
- D.189
Show answer
The Authority applied the measure to that many non-scheduled anti-cancer medicines through a Gazette Order dated 17 October 2026, and the revised prices took effect on 9 November 2026.
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