Which ministry releases India's monthly merchandise and services trade data?
- A.Ministry of Finance
- B.Ministry of Commerce and Industry
- C.Ministry of Statistics and Programme Implementation
- D.Ministry of Corporate Affairs
Correct answer
Explanation
The correct answer is the Ministry of Commerce and Industry, which issued these estimates for the month and for the cumulative period of the financial year. Option A is wrong because the finance ministry handles taxation, expenditure and the budget rather than the monthly trade release, although it does publish revenue collections. Option C is wrong because the statistics ministry brings out national income and labour force data, not the export and import bulletin. Option D is wrong because corporate affairs deals with company law and registration. One more caution is worth remembering with this release: the services figures for the latest month are an estimate, since the released data for that sector covers only the previous month, and the earlier months of the year have been revised using quarterly balance of payments data.
Read the full article: India's Exports Reach 399.27 Billion Dollars in April-August
Practice Questions
What is the estimated value of India's total exports of goods and services during April-August 2026-27?
- A.345.55 billion US dollars
- B.399.27 billion US dollars
- C.459.65 billion US dollars
- D.215.91 billion US dollars
Show answer
The correct answer is 399.27 billion US dollars, the cumulative figure for merchandise and services exports taken together over the five months of the current financial year covered by the release.
Read the full explanation →Which commodity group recorded an export growth of 89.82 per cent in August 2026?
- A.Engineering goods
- B.Petroleum products
- C.Electronic goods
- D.Marine products
Show answer
The correct answer is electronic goods, whose exports in the month climbed from 2.93 billion dollars a year earlier to 5.55 billion dollars, a jump the release lists first among the drivers of merchandise export growth.
Read the full explanation →What was the theme of the 14th India Chem 2026 held in Mumbai?
- A.Advantage Bharat: An Emerging Global Chemicals Hub
- B.Chemicals for a Viksit Bharat
- C.Green Chemistry, Green Growth
- D.Make in India, Mix in India
Show answer
The 14th edition of India Chem was organised in Mumbai from 22 to 24 October 2026 as a three-day event aimed at drawing investment and promoting sustainable growth in chemicals and petrochemicals.
Read the full explanation →Which of the following is NOT one of India's three operational Petroleum, Chemicals and Petrochemicals Investment Regions?
- A.Dahej in Gujarat
- B.Paradeep in Odisha
- C.Visakhapatnam-Kakinada in Andhra Pradesh
- D.Haldia in West Bengal
Show answer
India has three operational PCPIRs: Dahej in Gujarat, Visakhapatnam-Kakinada in Andhra Pradesh and Paradeep in Odisha. Haldia is not among them, so option D is the exception.
Read the full explanation →What is the total financial outlay of the BHAVYA Rasayan scheme for dedicated chemical parks?
- A.Rs 1,000 crore
- B.Rs 3,030 crore
- C.Rs 5,000 crore
- D.Rs 30,000 crore
Show answer
The Bharat Audyogik Vikas Yojana Rasayan scheme, approved in July 2026, carries that total outlay, of which Rs 3,000 crore is earmarked for common infrastructure and basic utilities and Rs 30 crore for administrative expenditure.
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