RAS question
According to the Economic Survey 2025-26, what was India's services exports figure, an all-time high, reported for FY25?
Correct answer: (A) USD 387.6 billion.
According to the Economic Survey 2025-26, India's services exports touched an all-time high of USD 387.6 billion in FY25.
Explanation
The Economic Survey 2025-26 highlight released by the Press Information Bureau places the all-time-high services export figure at USD 387.6 billion in FY25. The external-sector data also puts total exports at a record USD 825.3 billion in FY25, with the rise driven mainly by services exports, and records services export growth at 13.6 per cent. Therefore, option A is the correct annual FY25 figure. The FY26 April-December 2025 services export figure is USD 304.0 billion, so it cannot replace the FY25 all-time-high annual number.
Why the other options are wrong
- (B) USD 310.4 billion does not match the PIB-backed FY25 all-time-high services export figure, and the FY26 April-December figure is USD 304.0 billion, not USD 310.4 billion.
- (C) USD 265.8 billion understates the figure because the Economic Survey highlight records FY25 services exports at USD 387.6 billion.
- (D) USD 420.2 billion overstates the figure because the PIB release gives USD 387.6 billion as the FY25 all-time high.
Concept
This tests the external sector portion of the Indian Economy syllabus, especially services exports and balance-of-payments indicators. It recurs in RAS because Economic Survey headline data often becomes a direct factual MCQ.