MCQ India’s Exports Surge in October 2024 Questions with Answers

1. What was the percentage growth in India’s core group of exports in October 2024 compared to the previous year?

1) 17.3%
2) 27.7%
3) 39.4%
4) 45.7%
Answer: 2

2. Which sector showed the highest percentage growth among the key export sectors?

1) Engineering goods
2) Chemicals
3) Electronic goods
4) Drugs and pharmaceuticals
Answer: 3

3. By what percentage did rice exports surge after the government lifted export restrictions?

1) 50.9%
2) 35.1%
3) 85.8%
4) 30.9%
Answer: 3

4. What was India’s total merchandise exports in October?

1) $13.8 billion
2) $16.1 billion
3) $27.7 billion
4) $39.2 billion
Answer: 4

5. Which of the following sectors experienced a decline in exports?

1) Leather products
2) Ceramic products and glassware
3) Handicrafts
4) Readymade garments
Answer: 2

6. What was the growth rate of services exports in September?

1) 14.6%
2) 17.3%
3) 27.7%
4) 35.1%
Answer: 1

7. Which import category showed the highest increase?

1) Gold
2) Precious stones
3) Electrical goods
4) Vegetable oil
Answer: 4

8. What is CRISIL‘s parent company?

1) Indian Government
2) World Bank
3) S&P Global Inc

4) Reserve Bank of India
Answer: 3

9. What was India’s services trade surplus in September?

1) $13.8 billion
2) $16.1 billion
3) $39.2 billion
4) $45.7 billion
Answer: 2

10. Which labor-intensive sector showed the highest growth?

1) Leather products
2) Handicrafts
3) Readymade garments
4) Ceramic products
Answer: 3

11. What was the growth rate of fruits and vegetables exports?

1) 7.2%
2) 9.3%
3) 15.9%
4) 30.9%
Answer: 3

12. By what percentage did spice exports increase?

1) 15.9%
2) 30.9%
3) 32.7%
4) 35.1%
Answer: 2

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13. What was the decline rate in ceramic products and glassware exports?

1) 1.4%
2) 6.1%
3) 8.2%
4) 29%
Answer: 2

14. What was the growth rate of handicraft exports?

1) 12.3%
2) 27.4%
3) 32.7%
4) 35.1%
Answer: 3

15. By what percentage did tea exports increase?

1) 7.2%
2) 9.3%
3) 12.3%
4) 15.9%
Answer: 2

16. What was the growth rate of leather products?

1) 7.2%
2) 12.3%
3) 32.7%
4) 35.1%
Answer: 2

17. By what percentage did cashew exports grow?

1) 7.2%
2) 9.3%
3) 15.9%
4) 30.9%
Answer: 1

18. What was the decline rate in gold imports?

1) 1.4%
2) 6.1%
3) 8.7%
4) 29%
Answer: 1

19. By what percentage did precious stones imports fall?

1) 1.4%
2) 6.1%
3) 29%
4) 50.9%
Answer: 3

20. What was the growth rate of electrical goods imports?

1) 1.4%
2) 8.7%
3) 27.4%
4) 39.4%
Answer: 2

21. What is the main purpose of CRISIL?

1) Export promotion
2) Import regulation
3) Ratings and research services
4) Foreign exchange management
Answer: 3

22. What was the year-on-year increase in merchandise exports?

1) 14.6%
2) 17.3%
3) 27.7%
4) 39.4%
Answer: 2

23. Which sector showed the third-highest growth among key export sectors?

1) Engineering goods
2) Chemicals
3) Electronic goods
4) Drugs and pharmaceuticals
Answer: 2

24. What was the growth rate of drugs and pharmaceuticals exports?

1) 8.2%
2) 27.4%
3) 39.4%
4) 45.7%
Answer: 1

25. For how many months was the export growth rate in October the fastest?

1) 12 months
2) 18 months
3) 24 months
4) 28 months
Answer: 4

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