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EconomyMedium

What were India's highest-ever exports, recorded in the previous year?

  1. A.USD 778 billion
  2. B.USD 863 billion
  3. C.USD 900 billion
  4. D.USD 1 trillion

Correct answer

B. USD 863 billion

Explanation

The correct answer is USD 863 billion. 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. Option A is wrong because that figure was not the record stated. Option C is wrong, and is the most tempting distractor, because USD 900 billion is the softer target India could have chosen: it would have meant growth of 5 per cent and would still have been more than twice the projected pace of world trade growth. Option D is wrong because USD 1 trillion is the target for the current year, not the exports already achieved. Keep the record figure and the target apart.

Read the full article: India Sets USD 1 Trillion Export Target for Current Year

Q1.EconomyEasy

What is India's export target for the current year?

  1. A.USD 900 billion
  2. B.USD 950 billion
  3. C.USD 1 trillion
  4. D.USD 1.2 trillion
Show answer
Correct answer: C. 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.

Q3.EconomyMedium

Where did Piyush Goyal deliver the keynote address in which he spoke of the USD 1 trillion export target?

  1. A.Young Leaders Discourse Forum, Kirori Mal College, New Delhi
  2. B.India International Trade Fair, New Delhi
  3. C.Indian Institute of Foreign Trade, Kakinada
  4. D.World Economic Forum, Davos
Show answer
Correct answer: A. Young Leaders Discourse Forum, Kirori Mal College, New Delhi

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.

Q4.EconomyMedium

What was the theme of the Hackathon on R&D 2026 recognised at the Star Rating Awards Ceremony?

  1. A.Clean Coal for a Green Future
  2. B.NextGen AI for Smart Mining
  3. C.Digital Mines, Safer Miners
  4. D.Mission Zero Overburden
Show answer
Correct answer: B. NextGen AI for Smart Mining

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.