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RAS question

Match List I (Q3 FY 2025-26 trade indicator) with List II (Year-on-year change reported in NITI Aayog Trade Watch Quarterly seventh edition): List I: A. India merchandise exports B. India merchandise imports C. India services exports D. India share in global gems and jewellery market (2024) List II: 1. 7.9 per cent rise 2. 7.8 per cent share 3. 1.6 per cent rise 4. 7.8 per cent rise Choose the correct match:

Correct answer: (B) A-3, B-1, C-4, D-2.

In NITI Aayog's Trade Watch Quarterly seventh edition, the correct Q3 FY 2025-26 match is: merchandise exports rose 1.6 per cent, merchandise imports rose 7.9 per cent, services exports rose 7.8 per cent, and India's 2024 share in the global gems and jewellery market was 7.8 per cent.

  1. (A)

    A-1, B-3, C-4, D-2

  2. (B)

    A-3, B-1, C-4, D-2

  3. (C)

    A-3, B-4, C-1, D-2

  4. (D)

    A-4, B-1, C-3, D-2

Explanation

NITI Aayog's Trade Watch Quarterly seventh edition gives the Q3 FY 2025-26 trade indicators in the highlights and repeats them in the merchandise and services analysis. Merchandise exports increased by 1.6 per cent year-on-year, so A matches 3. Merchandise imports rose faster, at 7.9 per cent, so B matches 1. Services exports expanded by 7.8 per cent during the quarter, so C matches 4. The same edition's gems and jewellery section says India's exports in 2024, excluding raw gold, accounted for a 7.8 per cent share of the global gems and jewellery market, so D matches 2. Therefore the full sequence is A-3, B-1, C-4, D-2.

Why the other options are wrong

  • (A) It assigns the 7.9 per cent rise to merchandise exports and the 1.6 per cent rise to merchandise imports, reversing the NITI Aayog figures.
  • (C) It correctly places merchandise exports and the gems-and-jewellery share but swaps the 7.9 per cent merchandise-import rise with the 7.8 per cent services-export rise.
  • (D) It gives merchandise exports the 7.8 per cent services-export figure and gives services exports the 1.6 per cent merchandise-export figure.

Concept

This tests external-sector indicators in the Indian Economy syllabus, especially the distinction between merchandise trade, services trade and sectoral export shares. Such match-the-following questions recur in RAS because official quarterly reports often present closely similar percentages that reward precise reading.

Source

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