UPSC CSE 2020 · PYQ · International Trade · medium
Consider the following statements: 1. The value of Indo-Sri Lanka trade has consistently increased in the last decade. 2. "Textile and textile articles" constitute an important item of trade between India and Bangladesh. 3. In the last five years, Nepal has been the largest trading partner of India in South Asia. Which of the statements given above is/are correct?
A.2 only✓ Correct
B.1 and 2 only
C.1, 2 and 3
D.3 only
Explanation
Indo-Sri Lanka trade has not consistently risen and Bangladesh has been India's largest South Asian trading partner. Textiles do form a significant share of India-Bangladesh trade, so only statement 2 is correct.
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