What is India's export target for the current year?
- A.USD 900 billion
- B.USD 950 billion
- C.USD 1 trillion
- D.USD 1.2 trillion
Correct answer
Explanation
The correct answer is USD 1 trillion. The Minister said India had deliberately chosen an ambitious export target for the current year, amounting to growth of about 16 per cent over the record of USD 863 billion achieved in the previous year, and that he was confident the country would get there. Option A is wrong because USD 900 billion was the alternative target India considered and set aside; it would have meant growth of only 5 per cent. Option B is wrong because no such figure was announced. Option D is wrong because the target was not pitched that high. Supporting numbers worth carrying: exports stood at USD 480 billion in April to September with 14 per cent growth, and USD 520 billion is required in the remaining six months.
Read the full article: India Sets USD 1 Trillion Export Target for Current Year
Practice Questions
What were India's highest-ever exports, recorded in the previous year?
- A.USD 778 billion
- B.USD 863 billion
- C.USD 900 billion
- D.USD 1 trillion
Show answer
The Commerce and Industry Minister said India recorded its highest-ever exports at that level in the previous year, and the target for the current year has been pitched at USD 1 trillion, which amounts to growth of about 16 per cent over it.
Read the full explanation →How much did India export during April to September of the current financial year?
- A.USD 410 billion
- B.USD 480 billion
- C.USD 520 billion
- D.USD 560 billion
Show answer
Exports in the first six months of the financial year, from April to September, reached that figure, which is a growth of 14 per cent.
Read the full explanation →Where did Piyush Goyal deliver the keynote address in which he spoke of the USD 1 trillion export target?
- A.Young Leaders Discourse Forum, Kirori Mal College, New Delhi
- B.India International Trade Fair, New Delhi
- C.Indian Institute of Foreign Trade, Kakinada
- D.World Economic Forum, Davos
Show answer
The Minister addressed students there, calling on them to be ambitious and reminding them that they would be in their forties when India marks 100 years of independence, so their choices would shape the country's future.
Read the full explanation →What was the theme of the Hackathon on R&D 2026 recognised at the Star Rating Awards Ceremony?
- A.Clean Coal for a Green Future
- B.NextGen AI for Smart Mining
- C.Digital Mines, Safer Miners
- D.Mission Zero Overburden
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Winners and runners-up of the hackathon held on this theme were honoured at the same ceremony at Raipur, and their entries applied artificial intelligence to problems of operational efficiency, mine safety and environmental sustainability in the coal sector.
Read the full explanation →Which company secured the First Prize in the underground category of the Star Rating awards for FY 2024-25?
- A.Northern Coalfields Limited
- B.Singareni Collieries Company Limited
- C.Western Coalfields Limited
- D.Mahanadi Coalfields Limited
Show answer
The correct answer is Singareni Collieries Company Limited, which took the First Prize among underground mines.
Read the full explanation →