Consider the following statements and choose the correct statements. Statement 1: The nature of India’s foreign trade has remained constant in the last few decades. Statement 2: There has been an increase in the total volume of import and exports over the period of years. Statement 3: The value of exports continued to be higher than that of imports. |
Only Statement 1 is correct. Statements 1 and 3 are correct. Statements 2 and 3 are correct. Only Statement 2 is correct |
Only Statement 2 is correct |
The nature of India’s foreign trade has changed over the years . Though there has been an increase in the total volume of import and export, the value of import continued to be higher than that of exports. |