UPSC | Prelims GS | 2026
The September 2026 merchandise-trade data reported in the newspaper show that India’s exports:
- rose 23.04% year-on-year to $44.4 billion
- fell 23.04% to $36.08 billion
- rose only because gold imports increased
- eliminated the merchandise trade deficit
Answer
Correct Answer
rose 23.04% year-on-year to $44.4 billion
Explanation
Exports rose from $36.08 billion to $44.4 billion, a 23.04% increase, while the trade deficit narrowed to $30.21 billion because precious-metal imports fell. The deficit was not eliminated, and gold imports declined rather than increased.
Topics: economy, external sector, merchandise trade, september 2026 exports