Q1. According to the Commerce Ministry data released on 15 April 2026 for India's FY 2025-26 trade, consider the following statements about merchandise exports:\n1. Merchandise exports stood at US$ 441.78 billion in FY 2025-26.\n2. March 2026 was the month with the highest monthly merchandise export figure in the financial year.\nWhich of the statements given above is/are correct?
A 1 only
B 2 only
C Neither 1 nor 2
D Both 1 and 2 Correct
Explanation
Both statements are correct. The Commerce Ministry release of 15 April 2026 confirmed merchandise exports at US$ 441.78 billion for FY 2025-26 and recorded the highest monthly merchandise exports of the year at US$ 38.92 billion in March 2026, led by petroleum products and engineering goods.