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EconomyMedium

What were India estimated cumulative exports during April to September of 2026-27?

  1. A.US$ 418.31 billion
  2. B.US$ 476.20 billion
  3. C.US$ 512.60 billion
  4. D.US$ 389.75 billion

Correct answer

B. US$ 476.20 billion

Explanation

The correct answer is US$ 476.20 billion. This is the estimated cumulative figure for merchandise and services exports taken together during the first six months of the financial year. Option A is wrong because that is the figure for the corresponding period of the previous year, and comparing the two gives estimated growth of 13.84 per cent. Option C is wrong because no such number appears in the official statement; it overstates the achievement. Option D is wrong for the same reason and understates it. Candidates should also remember the main drivers of merchandise growth named for September: electronic goods, petroleum products, organic and inorganic chemicals, engineering goods, and cotton yarn, fabrics, made-ups and handloom products. These heads recur in questions on India export basket, so the pairing of the total with the leading sectors is worth memorising together.

Read the full article: Commerce Dept Holds FTA Outreach for Exporters in Jaipur

Q2.EconomyHard

According to the sector presentation at the programme, where does India rank among global exporters of gems and jewellery?

  1. A.Third
  2. B.Fifth
  3. C.Eighth
  4. D.Twelfth
Show answer
Correct answer: C. Eighth

The presentation by the Joint Director General of Foreign Trade at Jaipur placed India eighth among exporters of gems and jewellery worldwide, with a share of 2.9 per cent in a global market worth about one trillion dollars, and noted that the recently concluded agreements grant immediate duty-free access across…

Q3.EconomyMedium

Under which law has NPPA fixed the trade margin ceiling on these anti-cancer drugs?

  1. A.Paragraph 19 of the Drugs (Prices Control) Order, 2013
  2. B.Section 12 of the Essential Commodities Act
  3. C.Paragraph 4 of the National Pharmaceutical Pricing Policy
  4. D.Rule 65 of the Drugs and Cosmetics Rules
Show answer
Correct answer: A. Paragraph 19 of the Drugs (Prices Control) Order, 2013

This is the enabling provision cited by the regulator while capping the trade margin at thirty per cent of the Maximum Retail Price for the identified non-scheduled anti-cancer medicines.